Top 5 Bank Stocks To Buy Right Now

Capacit’e Infraprojects share price wiped out all its gains to trade flat in morning Friday on concerns that revenue from its big construction project bagged from theMHADA unit will take long time to reflect in its books.

The stock rallied as much as 10 percent immediately after the consortium of companies bagged large redevelopment project of BDD Chawls from the MHADA unit.

The consortium of Capacit’e Infraprojects, Tata Projects Limited and CITIC Construction has received letter of acceptance from Mumbai Housing and Area Development Board (a MHADA Unit) for total contract value of Rs 11,744.26 crore.

“The project will be executed through a Special purpose vehicle in which Capacit’e Infraprojects Limited will have 37.1 percent share worth Rs 4,357.12 crore,” the building construction company said in its filing.

related news Buy Capacite Infraprojects; target of Rs 352: CD Equisearch ICICI Bank gains over 2% on reports of likely appointment of new chairman

Share of Tata Projects Limited in the consortium will be 36.9 percent and CITIC Construction will have 26 percent share, it added.

Top 5 Bank Stocks To Buy Right Now: Wells Fargo & Company(WFC)

Advisors’ Opinion:

  • [By Matthew Frankel]

    Wells Fargo (NYSE:WFC) has had an eventful couple of years, and not in a good way. The bank’s public perception has been rocked by three major scandals, including the infamous fake-accounts scandal, which has not only resulted in sub-par business performance, but has resulted in a string of penalties, fines, and consumer refunds as well.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Wells Fargo & Co (WFC)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    Osborn Williams & Donohoe LLC trimmed its stake in shares of Wells Fargo & Co (NYSE:WFC) by 36.8% in the 2nd quarter, HoldingsChannel reports. The fund owned 63,193 shares of the financial services provider’s stock after selling 36,770 shares during the period. Osborn Williams & Donohoe LLC’s holdings in Wells Fargo & Co were worth $3,503,000 at the end of the most recent reporting period.

  • [By Dan Caplinger]

    When it comes to investing, some people prefer to choose from among the leaders of an industry. In banking, Bank of America (NYSE:BAC) and Wells Fargo (NYSE:WFC) are among the biggest financial institutions in the world, and despite facing very different challenges, they’ve come a long way since teetering on the precipice of ruin during the financial crisis.

  • [By Max Byerly]

    Wall Financial Co. (TSE:WFC) Director Peter Ufford sold 900 shares of the business’s stock in a transaction dated Friday, June 22nd. The shares were sold at an average price of C$28.00, for a total transaction of C$25,200.00.

Top 5 Bank Stocks To Buy Right Now: HSBC Holdings PLC (HSBA)

Advisors’ Opinion:

  • [By Ethan Ryder]

    HSBC (LON:HSBA) had its price target dropped by equities research analysts at Citigroup from GBX 810 ($10.78) to GBX 800 ($10.65) in a report released on Tuesday. The brokerage currently has a “buy” rating on the financial services provider’s stock. Citigroup’s price target points to a potential upside of 9.59% from the stock’s previous close.

  • [By Joseph Griffin]

    HSBC (LON:HSBA) had its target price lowered by equities research analysts at Shore Capital from GBX 721 ($9.60) to GBX 625 ($8.32) in a report issued on Tuesday. The brokerage presently has a “sell” rating on the financial services provider’s stock. Shore Capital’s price objective indicates a potential downside of 14.71% from the company’s previous close.

Top 5 Bank Stocks To Buy Right Now: Canadian Imperial Bank of Commerce(CM)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Shares of Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) have earned an average recommendation of “Hold” from the twelve research firms that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$130.33.

  • [By Motley Fool Staff]

    Canadian Imperial Bank of Commerce (NYSE:CM)Q2 2018 Earnings Conference CallMay 23, 2018, 8:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Stephan Byrd]

    Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) declared a quarterly dividend on Wednesday, May 23rd, Zacks reports. Stockholders of record on Thursday, June 28th will be paid a dividend of 1.036 per share by the bank on Friday, July 27th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Wednesday, June 27th.

  • [By Joseph Griffin]

    Canadian Imperial Bank of Commerce (NYSE: CM) and Foreign Trade Bank of Latin America (NYSE:BLX) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, institutional ownership, risk and valuation.

  • [By Max Byerly]

    Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) by 54.3% in the first quarter, HoldingsChannel reports. The firm owned 911,300 shares of the bank’s stock after buying an additional 320,800 shares during the quarter. Canadian Imperial Bank of Commerce comprises approximately 1.0% of Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s investment portfolio, making the stock its 19th largest position. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in Canadian Imperial Bank of Commerce were worth $103,633,000 as of its most recent filing with the Securities and Exchange Commission.

  • [By Logan Wallace]

    Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Analysts at Desjardins reduced their Q2 2018 earnings per share estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Wednesday, May 2nd. Desjardins analyst D. Young now forecasts that the company will post earnings of $2.85 per share for the quarter, down from their prior estimate of $2.86.

Top 5 Bank Stocks To Buy Right Now: First Commonwealth Financial Corporation(FCF)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Barclays PLC increased its holdings in First Commonwealth Financial (NYSE:FCF) by 24.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,717 shares of the bank’s stock after buying an additional 6,593 shares during the period. Barclays PLC’s holdings in First Commonwealth Financial were worth $476,000 as of its most recent SEC filing.

Top 5 Bank Stocks To Buy Right Now: Ampco-Pittsburgh Corporation(AP)

Advisors’ Opinion:

  • [By ]

    This undated photo provided by Ford shows the 2018 Ford Transit Connect, an example of a small cargo van. The Transit Connect's cargo van variant comes in two trims, the basic XL and the XLT, as well as an extended-wheelbase model that has additional space for cargo. And the Transit Connect has a notable advantage: It offers technology features such as Ford's Sync 3 infotainment system, blind-spot monitoring and adaptive fog lights. (Photo: AP)

  • [By ]

    Wellington, New Zealand (AP) — New Zealand plans to slaughter about 150,000 cows as it tries to eradicate a strain of disease-causing bacteria from the national herd.

  • [By ]

    This undated photo provided by BMW shows the 2018 BMW X3, a luxury compact SUV with more traditional design and a starting price of $41,995, including the destination fee. The Audi Q5 and the BMW X3 are two of the most popular compact luxury SUVs out today. Shoppers are typically drawn to the Q5 and the X3 because of their appealing mix of refinement, utility, safety and performance. (Photo: AP)

Leave a Reply

Your email address will not be published. Required fields are marked *