This Morning's Technical Outlook on Banking Stocks -- Bank of America, Bank of Montreal, Comerica, and First Republic Bank
NEW YORK, April 26, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on BAC, BMO, CMA, and FRC which can be accessed for free by signing up to www.wallstequities.com/registration. On Wednesday, benchmark US indices were mixed as the NASDAQ Composite closed the trading session down 0.05%; the Dow Jones Industrial Average edged 0.25% higher; and the S&P 500 was up 0.18%. US markets saw four out of nine sectors finishing the day in red, three in green, and two in neutral territory. Pre-market today, WallStEquities.com reviews these four Money Center Banks stocks: Bank of America Corp. (NYSE: BAC), Bank of Montreal (NYSE: BMO), Comerica Inc. (NYSE: CMA), and First Republic Bank (NYSE: FRC). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Bank of America
Charlotte, North Carolina-based Bank of America Corp.'s stock finished Wednesday's session 0.17% lower at $30.14. A total volume of 64.53 million shares was traded. The Company's shares have advanced 25.69% in the last twelve months. The stock is trading above its 200-day moving average by 7.79%. Furthermore, shares of the Company, which through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide, have a Relative Strength Index (RSI) of 47.19. Get the full research report on BAC for free by clicking below at: www.wallstequities.com/registration/?symbol=BAC
Bank of Montreal
Shares in Montreal, Canada headquartered Bank of Montreal ended at $75.63, up 0.29% from the last trading session. The stock recorded a trading volume of 409,032 shares. The Company's shares have gained 1.80% in the last twelve months. The stock is trading below its 50-day moving average by 0.42%. Moreover, shares of the Company, which provides diversified financial services primarily in North America, have an RSI of 48.27. BMO's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=BMO
Comerica
Dallas, Texas headquartered Comerica Inc.'s stock ended yesterday's session 0.21% lower at $96.07 with a total trading volume of 1.11 million shares. The Company's shares have advanced 35.98% in the last twelve months. The stock is trading above its 200-day moving average by 14.84%. Additionally, shares of Comerica, which through its subsidiaries, provides various financial products and services, have an RSI of 49.54.
On April 09th, 2018, research firm Wedbush upgraded the Company's stock rating from 'Neutral' to 'Outperform' while revising its previous target price from $103 a share to $111 a share. Are you already registered with Wall St. Equities? Do so now for free, and get the report on CMA at: www.wallstequities.com/registration/?symbol=CMA
First Republic Bank
On Wednesday, shares in San Francisco, California headquartered First Republic Bank recorded a trading volume of 813,531 shares. The stock finished the day 0.63% lower at $93.61. The Company's shares have advanced 3.52% in the previous three months. The stock is trading above its 50-day moving average by 0.07%. Furthermore, shares of the Company, which together with its subsidiaries, provides private banking, private business banking, real estate lending, and wealth management services to clients in metropolitan areas of the US, have an RSI of 54.68. Aspiring Member, please take a moment to register below for your free research report on FRC at: www.wallstequities.com/registration/?symbol=FRC
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