US EditionBank of America Starts Coverage of Israel's Top Banks with 'Buy' Ratings
Bank of America highlights strong balance sheets, high efficiencies, and attractive valuations in Israel's top banks, projecting up to 18% price upside, with dividends also appealing to investors.
7 Articles
7 Articles
Bank of America recommends investing in Israel's four largest banks
'Buy Them All' | Analysts Call Israeli Banks a 'Goldilocks Environment' – Inflation Under Control and a Healthy Growth Rate – Mentioning the Small Number of Actors and 'Reasonable Competition.' The Bank Also Mentions 'The Threat of Higher Taxation,' and Risks of Geopolitical Volatility
Bank of America initiates coverage on Israeli banks
Bank of America has formally started covering the Israeli banking sector, issuing "buy" ratings for the nation's four largest financial institutions based on their leverage and potential to thrive on economic currents following the war in Gaza. In his analysis, Bank of America analyst David Taranto set a price objective of 89.5 shekels for Hapoalim, which stands as one of the two dominant banks in the market, implying an 18% increase from presen…
In an in-depth and intriguing review, Bank of America praises the big banks and believes they are entering an "era of massive capital surpluses."
Surprising recommendation: Bank of America has informed its clients that it is updating its international recommendation and is suggesting that they purchase the shares of Israeli banks • "They are 'flying' under the radar of investors around the world" • Among the banks in Israel, Bank of America estimates that Bank Hapoalim and Bank Leumi will lead the sector
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
