The ratings of four Commercial Banking stocks are down this week, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
HDFC Bank‘s (NYSE:HDB) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. HDFC Bank is a private sector bank and financial services company in India that is involved in retail banking, wholesale banking, and treasury operations. The stock currently has a trailing PE Ratio of 28.4. To get an in-depth look at HDB, get Portfolio Grader’s complete analysis of HDB stock.
CorpBanca (NYSE:BCA) earns a D this week, falling from last week’s grade of C. CorpBanca provides a range of commercial and retail banking services, financial advisory services, mutual fund management, insurance brokerage, and securities brokerage services to its customers. BCA shares are down 5.3% from a month ago. Shares of the stock have been trading at an exceptionally rapid pace, up fourfold from the week prior. For a full analysis of BCA stock, visit Portfolio Grader.
Cascade Bancorp‘s (NASDAQ:CACB) rating falls this week to an F (“strong sell”), down from last week’s D (“sell”) last week. Cascade Bancorp provides a range of commercial and retail banking services. The stock gets F’s in Equity, Cash Flow, and Sales Growth. The stock price has fallen 9.1% over the past month, worse than the 5.3% increase the Nasdaq has seen over the same period of time. Shares of the stock have been changing hands at an unusually rapid pace, four times the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of CACB stock.
This week, Bank of Ireland‘s (NYSE:IRE) rating worsens to an F from the company’s D rating a week ago. Bank of Ireland provides a range of banking and other financial services. The stock also gets an F in Equity. Since last month, the price of IRE went down 0.9%. For a full analysis of IRE stock, visit Portfolio Grader.
Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.