Morningstar´s waardering van 22 Europese banken

De aandelenanalisten van Morningstar volgen

deze Europese banken

Crédit Agricole – ACA

Moat Narrow Uncertainty Very high

Koers/Fair Value 1.40 Koers/Tangible Book 0.84

Bron: Morningstar 16/11/2013

Fair Value EUR 6.30 Morningstar Rating QQ

Julius Bär – BAER

Moat Wide Uncertainty High

Koers/Fair Value 0.96 Koers/Tangible Book 2.88

Bron: Morningstar 16/11/2013

Fair Value CHF 44.00 Morningstar Rating QQQ

Barclays – BARC

Moat None Uncertainty Very high

Koers/Fair Value 0.78 Koers/Tangible Book 0.75

Bron: Morningstar 16/11/2013

Fair Value GBP 3.20 Morningstar Rating QQQQ

BBVA – BBVA

Moat None Uncertainty Extreme

Koers/Fair Value 1.22 Koers/Tangible Book 1.26

Bron: Morningstar 16/11/2013

Fair Value EUR 6.92 Morningstar Rating QQQ

BNP Paribas – BNP

Moat Narrow Uncertainty Very high

Koers/Fair Value 0.99 Koers/Tangible Book 0.93

Bron: Morningstar 16/11/2013

Fair Value EUR 55.00 Morningstar Rating QQQ

Commerzbank – CBK

Moat None Uncertainty Very high

Koers/Fair Value 1.11 Koers/Tangible Book 0.50

Bron: Morningstar 16/11/2013

Fair Value EUR 9.00 Morningstar Rating QQQ

Crédit Suisse – CSGN

Moat Narrow Uncertainty Very high

Koers/Fair Value 0.95 Koers/Tangible Book 1.25

Bron: Morningstar 16/11/2013

Fair Value CHF 28.00 Morningstar Rating QQQ

Danske Bank – DANSKE

Moat Narrow Uncertainty Very high

Koers/Fair Value 1.04 Koers/Tangible Book 1.03

Bron: Morningstar 16/11/2013

Fair Value DKK 119.00 Morningstar Rating QQQ

Deutsche Bank – DBK

Moat Narrow Uncertainty Very high

Koers/Fair Value 0.90 Koers/Tangible Book 0.81

Bron: Morningstar 16/11/2013

Fair Value EUR 38.00 Morningstar Rating QQQ

Société Générale – GLE

Moat Narrow Uncertainty Very high

Koers/Fair Value 1.23 Koers/Tangible Book 0.90

Bron: Morningstar 16/11/2013

Fair Value EUR 34.00 Morningstar Rating QQQ

HSBC – HSBA

Moat Narrow Uncertainty High

Koers/Fair Value 0.95 Koers/Tangible Book 1.41

Bron: Morningstar 16/11/2013

Fair Value GBP 7.25 Morningstar Rating QQQ

Intesa Sanpaolo – ISP

Moat None Uncertainty Very high

Koers/Fair Value 1.21 Koers/Tangible Book 0.73

Bron: Morningstar 16/11/2013

Fair Value EUR 1.40 Morningstar Rating QQ

KBC – KBC

Moat None Uncertainty Very high

Koers/Fair Value 1.12 Koers/Tangible Book 1.58

Bron: Morningstar 16/11/2013

Fair Value EUR 36.00 Morningstar Rating QQQ

Lloyds Banking Group – LLOY

Moat Narrow Uncertainty High

Koers/Fair Value 0.83 Koers/Tangible Book 1.41

Bron: Morningstar 16/11/2013

Fair Value GBP 0.92 Morningstar Rating QQQQ

Nordea Bank – NDA SEK

Moat Narrow Uncertainty High

Koers/Fair Value 1.07 Koers/Tangible Book 1.34

Bron: Morningstar 16/11/2013

Fair Value SEK 76.00 Morningstar Rating QQQ

RBS – RBS

Moat None Uncertainty Very high

Koers/Fair Value 0.83 Koers/Tangible Book 0.68

Bron: Morningstar 16/11/2013

Fair Value GBP 4.00 Morningstar Rating QQQ

Banco Santander – SAN

Moat Narrow Uncertainty Very high

Koers/Fair Value 0.91 Koers/Tangible Book 1.22

Bron: Morningstar 16/11/2013

Fair Value EUR 7.00 Morningstar Rating QQQ

Skandinaviska Enskilda Banken – SEB A

Moat None Uncertainty Very high

Koers/Fair Value 1.27 Koers/Tangible Book 1.68

Bron: Morningstar 16/11/2013

Fair Value SEK 62.00 Morningstar Rating QQ

Svenska Handelsbanken – SHB A

Moat Narrow Uncertainty High

Koers/Fair Value 1.05 Koers/Tangible Book 2.03

Bron: Morningstar 16/11/2013

Fair Value SEK 287.00 Morningstar Rating QQQ

Standard Chartered – STAN

Moat Narrow Uncertainty High

Koers/Fair Value 0.89 Koers/Tangible Book 1.46

Bron: Morningstar 16/11/2013

Fair Value GBP 16.30 Morningstar Rating QQQ

UBS – UBSN

Moat Narrow Uncertainty High

Koers/Fair Value 0.95 Koers/Tangible Book 1.57

Bron: Morningstar 16/11/2013

Fair Value CHF 18.00 Morningstar Rating QQQ

UniCredit – UCG

Moat Narrow Uncertainty Very high

Koers/Fair Value 1.31 Koers/Tangible Book 0.65

Bron: Morningstar 16/11/2013

Fair Value EUR 3.90 Morningstar Rating QQ

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