Banking sector.. potential vehicle’s for trading

 

 

I really don’t like to repeat myself, but let’s mentioned again that when the debt is cheap, equities are expensive and if we add some couple of good economic reports from the biggest country’s most of the bond trader’s start searching for healthy bargains in the equity sector. Logically, this is one of the reasons why the U.S major indices are marking new high after high. 


 

 

Barclays PLC (NYSE) 

 

barc1

 

Last trading session the vehicle closed with price of  $8.56.

Target price for the vehicle is  $9.05 per share,  where the SMA-200 is located as we can see it on the chart.  The vehicle moved with 4% from the last trading session justifying that potentially after period of consolidation is time for a new uptrend.

Barclays offer to their client’s a dividend of %4.44  and the forward P/E ratio – 10.70. 


 

 

JPMorgan Chase & Co. 

 

jpm1

 

Last trading session the vehicle close at price $67.70 for a share. On a strong uptrend we can make a ascertainment that after a little pullback the trend is continuing. Adding 0.79% the vehicle is on the radar for potential trade. 

Target price for JPM is $71.27 for a share, Trading above the MA-50 which is playing the role as a support for now. JPM is giving a 2.84% dividend to their shareholders and  and Forward P/E ratio – 10.92


 

Citigroup Inc.

 

citigroup11

 

Last trading session the vehicle close at $49.99 per share. Still on a strong uptrend the vehicle is trading above the MA-50. Target price for C is $54.26. On the last trading session vehicle add 0.80% also on the radar for potential trade.

Citigroup Inc is giving 0.63% dividend to their shareholders and a Forward P/E ratio 9.61.


 

 

 

J. Mason ♦

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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