Predictions
Bank of America Corp.
Start price
Target price
Perf. (%)
€12.96
22.10.14
22.10.14
€18.00
11.11.14
11.11.14
6.75%
11.11.14
11.11.14
Could be very worthwhile Investment >20% year
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Fair valuation
Allianz SE VNA
Start price
Target price
Perf. (%)
€125.11
08.10.14
08.10.14
€155.00
12.12.14
12.12.14
9.43%
12.12.14
12.12.14
Could be worthwhile Investment >10% per year
Market Leader or Top 3
Small cyclical dependencies
Known brand
Erste Group Bank AG
Start price
Target price
Perf. (%)
€19.57
07.07.14
07.07.14
€25.00
04.11.14
04.11.14
3.72%
04.11.14
04.11.14
Banco Santander S.A.
Start price
Target price
Perf. (%)
€7.44
23.06.14
23.06.14
€6.03
23.09.14
23.09.14
-0.03%
23.09.14
23.09.14
Deutsche Bank AG
Start price
Target price
Perf. (%)
€30.30
20.05.14
20.05.14
€26.70
23.06.14
23.06.14
-11.93%
23.06.14
23.06.14
Allianz SE VNA
Start price
Target price
Perf. (%)
€120.45
14.03.14
14.03.14
€140.00
27.05.14
27.05.14
6.60%
27.05.14
27.05.14
Could be worthwhile Investment >10% per year
Market Leader or Top 3
Small cyclical dependencies
Known brand
Münchener Rückversicherungs-Gesellschaft AG
Start price
Target price
Perf. (%)
€141.50
10.09.13
10.09.13
€165.00
23.10.13
23.10.13
5.62%
23.10.13
23.10.13
Allianz SE VNA
Start price
Target price
Perf. (%)
€120.00
06.08.13
06.08.13
€134.00
14.11.13
14.11.13
5.92%
14.11.13
14.11.13
Could be worthwhile Investment >10% per year
Market Leader or Top 3
Small cyclical dependencies
Known brand
Banco Santander S.A.
Start price
Target price
Perf. (%)
€4.71
25.04.13
25.04.13
€5.17
17.09.13
17.09.13
10.33%
17.09.13
17.09.13
Allianz SE VNA
Start price
Target price
Perf. (%)
€107.50
23.04.13
23.04.13
€122.00
03.05.13
03.05.13
6.21%
03.05.13
03.05.13
Could be worthwhile Investment >10% per year
Market Leader or Top 3
Small cyclical dependencies
Known brand
Hongkong Land Holdings
Start price
Target price
Perf. (%)
€5.74
27.03.13
27.03.13
€7.00
05.06.13
05.06.13
-12.34%
05.06.13
05.06.13
American Express Co.
Start price
Target price
Perf. (%)
€52.47
27.03.13
27.03.13
€60.00
15.05.13
15.05.13
5.85%
15.05.13
15.05.13
Münchener Rückversicherungs-Gesellschaft AG
Start price
Target price
Perf. (%)
€143.95
06.03.13
06.03.13
€152.00
03.04.13
03.04.13
5.42%
03.04.13
03.04.13