Tag: Itau Unibanco Holding SA

  • Bank Stocks to Watch: Barclays PLC (NYSE:BCS), National Bank of Greece SA (NYSE:NBG), Itau Unibanco (NYSE:ITUB), Banco Bradesco (NYSE:BBD)

    Investment analysts at Barclays PLC (NYSE:BCS) began coverage on shares of Computacenter plc (LON:CCC) in a note issued to investors on Monday, American Banking and Market News reports. The firm set an “underweight” rating and a GBX 600 ($9.98) price target on the stock. Barclays PLC (NYSE:BCS) shares after opening at $15.63 moved to $15.86 on last trade day and at the end of the day closed at $15.85. Company price to sales ratio in past twelve months was calculated as 0.84 and price to cash ratio as 0.07. Barclays PLC (NYSE:BCS) showed a positive weekly performance of 0.76%.

    The National Bank of Greece SA (NYSE:NBG), owner of Turkey’s Finansbank, has purchased the Crystal Tower in Istanbul for 303 million dollars, daily Hurriyet reported on Tuesday. National Bank of Greece SA (NYSE:NBG) shares advanced 0.74% in last trading session and ended the day on $5.47. National Bank of Greece SA (NYSE:NBG) return on equity ratio is recorded as 42.40% and its return on assets is 0.60%. National Bank of Greece SA (NYSE:NBG) yearly performance is -43.02%.

    Based in Sao Paulo, Itau Unibanco Holding SA (ADR) (NYSE:ITUB) is one of the banking and financial services major from the South American continent listed on the NYSE. Itau Unibanco Holding S.A. (ADR) (NYSE:ITUB) shares moved up 2.21% in last trading session and was closed at $12.94, while trading in range of $12.56 – $12.98. Itau Unibanco Holding S.A. (NYSE:ITUB) year to date (YTD) performance is -2.85%.

    A sharp focus on expense controls and lending in the least risky segments such as mortgage and payroll loans will allow Itaú Unibanco Holding SA (ITUB4.SA), Banco Bradesco SA (ADR) (NYSE:BBD) and Banco Santander Brasil SA (SANB11.SA) to grow their loan books at a slower pace than in prior years with a limited impact on profitability, said Robert Stoll, Fitch’s head of Latin America financial institutions. Banco Bradesco SA (ADR) (NYSE:BBD) weekly performance is 2.02%. On last trading day company shares ended up $11.63. Banco Bradesco SA (ADR) (NYSE:BBD) distance from 50-day simple moving average (SMA50) is 2.83%.