28.09.2023 15:40
Five banking stocks worth buying now
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Five banking stocks worth buying nowActivity in the capital markets looks favourable, with the industry stabilizing after the March banking liquidity crisis. We recommend stocks for investment over a 6-12 month horizon. JPMorgan Chase & Co.It is currently the most stable diversified financial services company. On September 12, RBC Capital's Gerard Cassidy reiterated an Outperform rating and $158 price target on shares of JPMorgan Chase & Co (NYSE: JPM). If the market develops favourably, the maximum target zone is $168.50-171.50. Bank of AmericaThe financial giant's securities recently emerged from a negative trend. However, RBC Capital analysts maintain an Outperform rating and a $35 price target for Bank of America Corporation (NYSE: BAC) shares. The most favorable forecast is $45-47. Citigroup Inc. There is an active growth of long positions in shares Citigroup Inc. (NYSE: C) in 50 major hedge funds. The diversified company of corporate and personal financial services and asset management services has a stable outlook of outperform and a most probable price of $47 as of September 20. Wells Fargo & CompanyThanks to mortgage lending programs, these promotions remain the most popular and accessible to the average consumer. Deutsche Bank's Matt O'Connor reiterated a Buy rating and $46 price target on Wells Fargo & Company (NYSE: WFC) on September 22. The most favorable scenario after the correction is $5558. Goldman Sachs Group, Inc.The most experienced player in the US banking market occupies the last position in our ranking. Goldman Sachs Group, Inc. (NYSE: GS) has an Outperform rating and a $450 price target were confirmed on September 12 by Devin Ryan of JMP Securities, but such a successful performance is still questionable. The most likely target zone is $400-410.We monitor the market and do not forget about the risks!Profits to yall!#ForexChief #JPMorgan #stocks #Market #forexnews #GoldmanSachs #worldnews #BankOfAmerica #Citigroup
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