A Forward Look, The Year Ahead - Research Report on Goldman Sachs Group, Inc., JPMorgan Chase & Co., General Growth Properties Inc., Macerich Co and Penn West Petroleum Ltd
NEW YORK, March 13, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Goldman Sachs Group, Inc. (NYSE:GS), JPMorgan Chase & Co. (NYSE:JPM), General Growth Properties Inc. (NYSE: GGP), Macerich Co (NYSE: MAC) and Penn West Petroleum Ltd (NYSE: PWE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Goldman Sachs Group, Inc. Research Report
Analysts predict that Goldman's shares will appreciate nearly 19 percent in the next 12 months. Goldman Sachs is fresh from a $1 billion sale of its stake in China's biggest lender Industrial & Commercial Bank of China Ltd (ICBC), the biggest share sale in Asia this year, which was instrumental for the slight boost in share price. The sale came after the company posted losses in 2011 due to the volatile shares of ICBC. With this deal, Goldman Sachs has now raised a total of around $8.6 billion from selling ICBC shares. The bank has recently been hired by the Russian government as its corporate broker to burnish the country's image overseas and to bring in more institutional investors. Goldman will be advising the country's Economy Ministry and the Russian Direct Investment Fund on issues such as communicating government decisions and setting up meetings with investors. The Full Research Report on Goldman Sachs Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/a716_GS]
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JPMorgan Chase & Co. Research Report
JP Morgan recently grabbed headlines after announcing its single-family rental market investment opportunity to its wealthiest clients, after the growth in value of other investments linked to the US housing recovery. The chosen investors are expected to get returns as much as 8 percent annually from rental income and part of the profits when the homes are sold. The company also posted better-than-expected results in its quarterly income in its Q4 earnings report, with net revenue jumping from $21.5 billion to $24 billion, with $8.2 billion in earnings from corporate and investment banking. Earnings per share is at $1.39, or 49 percent higher year over year. However, the share price is just $50, which could prove to be a steal in the long run.. The Full Research Report on JPMorgan Chase & Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/75f4_JPM]
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General Growth Properties Inc Research Report
For General Growth Properties Inc., funds from operations rose to $311.9 million or 31 cents per share, as compared to the FFO of $252.9 million, or 26 cents per share in the same quarter the year before. After its two biggest shareholders resolved their disputes later in the year, the company has been able to focus on improving its assets and gain profits. Analysts from Stifel Nicolaus predict that the company is well-positioned to generate above-average internal growth over the next few years, with a $22.50 price target and a Buy rating. The company has gone a long way since its bankruptcy in 2008. By owning prime properties like Tysons Galleria and 133 regional malls, many are betting on this stock for high returns. Moreover, the company is refinancing to achieve interest rate savings. Back in 2012, the company completed around $7.9 billion of refinancing, reducing its interest expense by 1.1%. This trend is expected to continue in 2013. The Full Research Report on General Growth Properties Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/070c_GGP]
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Macerich Co Research Report
Macerich Co., the third largest mall owner, operator and developer behind General Growth and Simon Property Group. It recently acquired the Green Acres mall, which generates revenues per square foot of over $520 million annually. As it stands, Macerich offers the best yield among its competitors. In the fourth quarter of 2012, the average vacancy rate for malls fell from 8.7% in the third quarter to 8.6%, resulting to five straight quarters of a decrease in vacancy rate. If retailers continue to expand and raise the demand for shopping mall space, then mall REITs will earn greater profits by signing tenants with higher lease. Perhaps the biggest barrier to the growth of retailers and shopping malls is the 8% unemployment rate, preventing consumers from spending extra. But on the bright side, a recent report from the Labor Department suggests that there has been a moderate improvement in the economy, with 155,000 jobs added last December. If things go smoothly, mall REITs like Macerich may find their malls getting packed soon. The Full Research Macerich Co - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/2585_MAC]
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Penn West Petroleum Ltd Research Report
For 2013, Penn West has an approved capital budget of $900 million, with the possibility of an additional $300 million in the second half of the year. The focus of the budget is to improve capital efficiencies by focusing capital on projects that are expected to produce flowing barrel efficiencies in the $35,000 to $40,000 per boe a day. The company also has taken on a more balanced pace of drilling, planning to peak at approximately 20 rigs in the first quarter of 2013. 90 percent of the base capital budget is planned to be allocated toward light oil projects. The company expects 2013 average annual production to be around 135,000 to 145,000 barrels of oil equivalent a day. Analysts are optimistic about Penn West, believing that it will outperform. This bullish assessment is based on the company's positive long term history and good management, as well as being oversold and under the trader's radar. The Full Research Report on Penn West Petroleum Ltd - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/4c3c_PWE]
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SOURCE Investors-Alliance
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