Banks Stocks: National Bank of Greece (NYSE:NBG), Citigroup Inc (NYSE:C), JPMorgan Chase (NYSE:JPM), Wells Fargo (NYSE:WFC)

The rating of the mortgage covered bonds Programme I issued by National Bank of Greece (ADR) (NYSE:NBG) has been affirmed at `B+` and the Outlook has been revised to Stable from Negative. The rating of the mortgage covered bonds issued by Piraeus Bank S:A. (Piraeus, B-/Stable/B) has been affirmed at `B` and the Outlook has been revised to Positive from Negative. National Bank of Greece (ADR) (NYSE:NBG) shares after opening at $5.52 moved to $5.64 on last trade day and at the end of the day closed at $5.52. Company price to sales ratio in past twelve months was calculated as 1.63 and price to cash ratio as 0.83. National Bank of Greece (ADR) (NYSE:NBG) showed a positive weekly performance of 3.18%.

Citigroup Inc (NYSE:C) was upgraded by stock analysts at HSBC from an “underweight” rating to a “neutral” rating in a report issued on Monday, Analyst Ratings.Net reports. The firm currently has a $51.00 price target on the stock, up from their previous price target of $48.00. HSBC’s price objective would indicate a potential upside of 8.26% from the stock’s previous close. Citigroup Inc (NYSE:C) shares fell -1.20% in last trading session and ended the day on $47.11. C return on equity ratio is recorded as 8.60% and its return on assets is 0.90%. Citigroup Inc (NYSE:C) yearly performance is 9.63%.

JPMorgan Chase & Co. (NYSE:JPM) -1.40% on Friday morning will be the first Dow component to report earnings for the calendar first quarter. Wall Street analysts expect earnings of $1.42 a share on revenues of $24.4 billion. JPMorgan Chase & Co. (NYSE:JPM) shares moved down -1.40% in last trading session and was closed at $59.81, while trading in range of $59.80 – 61.06. JPMorgan Chase & Co.(NYSE:JPM) year to date (YTD) performance is 3.59%.

Wells Fargo & Co (NYSE:WFC) first quarter forecast for this San Francisco–based bank calls for earnings of $0.96 per share, on $20.59 billion in revenue, in Friday morning’s report. That would compare to EPS of $0.92 and revenue of $21.26 billion in the same period of the previous year. Wells Fargo & Co (NYSE:WFC) weekly performance is 0.55%. On last trading day company shares ended up $49.56. Wells Fargo & Co (NYSE:WFC) distance from 50-day simple moving average (SMA50) is 5.66%. Analysts mean target price for the company is $50.15.

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