While it is rare for Berkshire to get involved in a bidding war like this, CFRA Research analyst Catherine Seifert thinks this move makes perfect sense for Buffett. However, there are some risks involved for Berkshire.
Date: May 03, 2019
Category: Business
Source: Google
Warren Buffett's letter to investors: 5 things to watch
l Street that Berkshire would thrive and equal, if not surpass, expectations without Buffett in the picture. Catherine Seifert, equity analyst at S&P Global Market Intelligence, who had been a long-time bull on Berkshire, has now downgraded the stock to a hold, mainly because of valuation. Its p
Date: Oct 07, 2016
Category: Business
Source: Google
Berkshire after Buffett: One thing may not change
Catherine Seifert, equity analyst at S&P Global Market Intelligence, said she's maintaining her "buy" rating on Berkshire's stock, with a target price of $152 per Class B share, or 18.8 times her 2016 earnings projection of $8.10 a share, which is in line with historical averages. And for 2017,
alysts, though, think Berkshire is an opportunity. Berkshires insurance business stands to gain market share in 2016, says Catherine Seifert of S&P Global. All told, analysts see the companys adjusted earnings to jump 17% this year. Analysts think Berkshires shares will be 21% higher in 18 mo
The strength in Berkshires results come despite headwinds such as a strong dollar and low interest rates, says Catherine Seifert of S&P Capital IQ. The current environment has proven to be very difficult for Berkshires competitors, Seifert says. Berkshires numbers look very strong.
Still, at Wednesday's closing price of $28.28, AIG is a bargain compared with its competitors, said Catherine Seifert, an insurance analyst with Standard & Poor's equity research. She concedes that the government's now-77 percent ownership adds uncertainty about how many shares will be sold, f
The $29 offering price was at the low end of the expected range, and theres still a high degree of execution risk in AIGs turnaround, Catherine Seifert, an insurance analyst at Standard & Poors Equity Research, wrote in a note to investors Wednesday.
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I was just married in July of 2004. I live in Barnhart in a new house that we ...