…Federal Reserve and financial markets are currently expecting. n The information contained herein reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this publication. AllianceBernstein L.P. makes no representation...
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…A Merrill Lynch Global Research 2016 Future of Financials Conference | 17 November 2016 63 Price objective basis & risk AllianceBernstein (AB) Our $25 price objective is based on 13x target P/E on our '17E, a discount vs our target for asset managers as a group, based on improvin...
…them mailed. LPF&S or one of its affiliates acts as a market maker for the equity securities recommended in the report: AllianceBernstein, Amer Express, Ares Management, Assoc Banc-Corp, Banc of California, Bank Hawaii Corp, BankUnited, BB&T, Blackstone Group, Capital Bank Fin,,...
product or service sponsored by AllianceBernstein or its affiliates.
AllianceBernstein does not hold a capital markets services license under the Capital
…NE) 2.9 2.2 8.9 10.2 14.1x 12.9x 12.4x 12.8x 12.9x 10.7x 9.9x 9.4x 2.9 cosh Non-Covered Brokers & Asset Managers SS ee AllianceBernstein AB NC $27.85 NC NC 94 2.6 535 1.8 11.2 2.11 2.38 2.64 12.0 13.2x 11.7x 10.5x n/a n/a 3.7x 3.3x 3.1x 0.5 8.5 Affiliated Managers Group AMG NC $...
…ending capacity Plus Spain Plus Italy and Belgium ; Possible sovereign borrowing needs from official sources Source: AllianceBernstein, Public Filings. Second, as shown below, Europe is now a two-speed economy, with the periphery stuck in neutral (industrial production is one...