ALB Limited 05.12.2022

Bank of America, CitiGroup, Wells Fargo, Deutsche Bank Analysis

BANK of AMERICA Share

Where and how to buy Bank of America shares? Bank of America buy? Will Bank of America rise? If you want to buy Bank of America shares; It's good to know this information. BofA CEO Brian Moynihan stated that he does not expect a recession as high as expected in the American economy. He said the American economy and growth will return to normal after the first quarter of 2023. At the same time, BofA analysts expect stocks to rally due to risks declining in 2022.
 

CitiGroup Share

Where and how to buy CitiGroup shares? CitiGroup buy? Will CitiGroup rise? If you want to buy CitiGroup shares; It's good to know this information. With a monthly high of 50.53 USD and an average value of 47.76 USD, it is considered to be below its value. They benefited greatly from net interest income thanks to the Fed's rate hikes but underperformed on the investment banking side. The non-interest income side particularly moderated gains in the 3rd quarter.
 

Wells Fargo Bank

Where and how to buy Wells Fargo shares? Buy Wells Fargo? Will Wells Fargo rise? If you want to buy Wells Fargo shares; It's good to know this information. While the Fed's interest rate hikes are being made to reduce the inflation level, although it is a bad situation, it is a good situation to slow down the economy. Wells Fargo is a company that is making layoffs in anticipation of a recession/crisis, stifling demand for new mortgages and refinancing, rising costs, with rising interest rates. Wells Fargo, one of the largest banks in the world, will have problems in the payments cycle due to the crisis.
 

Deutsche Bank
Where and how to buy Deutsche Bank shares? Deutsche Bank to buy? Will Deutsche Bank rise? If you want to buy Deutsche Bank shares; It's good to know this information. With the continuation of interest rate hikes in Europe, despite the recession, most analysts advise buying Deutsche Bank stocks. There is a belief that DB could triple its share price by 2025. Deutsche Bank, on the other hand, expects the American economy to enter a recession in 2023 and believes that the investment banking side will also be negatively affected by this situation in a risky way.

Tags: Bank of America, CitiGroup, Wells Fargo, Deutsche Bank

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