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Sunday 31 January 2016
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3 Financial Stocks in Focus: Itau Unibanco Holding (NYSE:ITUB), Charles Schwab (NYSE:SCHW), Bank of New York Mellon (NYSE:BK)

3 Financial Stocks in Focus: Itau Unibanco Holding (NYSE:ITUB), Charles Schwab (NYSE:SCHW), Bank of New York Mellon (NYSE:BK)

– in FINANCIAL

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On Wednesday, Itau Unibanco Holding SA (ADR) (NYSE:ITUB)’s shares declined -0.80% to $7.41.

ITUB has 28.10% institutional ownership while its EPS ratio was 1.10. The company has 2.97 billion shares outstanding while market capitalization of the company was $42.73 billion. Price to book ratio was 1.83. Net profit margin of the company was 17.80%. Stock volatility for the month was booked as 3.99% while for the week was recorded as 3.83%.

The mean estimate for the short term price target for Itau Unibanco Holding SA (ADR) ( ITUB) stands at $9.24 according to 7 Analysts. The higher price target estimate for the stock has been calculated at $13.59 while the lower price target estimate is at $7.10.

Analysts mean recommendation for the stock is 2.30. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Itau Unibanco Holding S.A. (Itau Unibanco Holding) is a holding company. The Company provides a range of financial products and services to individual and corporate clients in Brazil.

Charles Schwab Corp (NYSE:SCHW)’s shares dropped -0.16% to $31.44.

SCHW  Its past 5-day performance at 3.35%. So far in 2015, the company has a year-to-date performance of 4.14%. The stock, as of last close, traded 24.35% up from its 52 week low and was -11.98% below its 52 week high. Its latest closing price was 2.02% above the SMA200 while the distance from SMA 50 and SMA 20 was 7.18% and 6.86% respectively.

The mean estimate for the short term price target for Charles Schwab Corp (SCHW) stands at $33.72 according to 18 Analysts. The higher price target estimate for the stock has been calculated at $40.00 while the lower price target estimate is at $28.00.

Analysts mean recommendation for the stock is 2.30. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

The Charles Schwab Corporation (CSC) is a savings and loan holding company. Through its subsidiaries, the Company engages in wealth management, securities brokerage, banking, money management and financial advisory services.

At the end of Wednesday’s trade, Bank of New York Mellon Corp (NYSE:BK)‘s shares dipped -0.14% to $42.59.

BK has market capitalization of $46.61 billion. Its shares were above its 50 days simple moving average with 6.69%. The company offered earning per share of $2.33 while its 1.09 million shares were outstanding. YTD performance of the company was 4.98%. Stock volatility for the week was 1.85% while for the month it was shown at 1.77%.

The mean estimate for the short term price target for Bank of New York Mellon Corp (BK) stands at $46.42 according to 19 Analysts. The higher price target estimate for the stock has been calculated at $50.00 while the lower price target estimate is at $43.00.

Analysts mean recommendation for the stock is 2.40. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

The Bank of New York Mellon Corporation is a provider of financial products and services in domestic and international markets. Through its two principal businesses, Investment Management and Investment Services, it serves institutions, corporations and high net worth individuals.

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