Swiss SMI Bank Stocks – A decade to forget!

Swiss SMI Bank Stocks – A decade to forget!

 

Investors in the SMI listed big banks Credit Suisse and UBS did not have a good decade. Even with multiple restructurings, layoffs, austerity measures and new bosses, these banks' share prices don't find their way out of the doldrums. Viewed over a decade, UBS lost almost 9 percent of value, and Credit Suisse a very painful 65.2 percent. Somehow not reflected in the top bank executives remuneration.

 
Some analysts are optimistic for these Bank stocks in the new decade. Goldman Sachs analysts project Credit Suisse stocks 34 percent, and some analysts believe UBS shares could grow by up to 48 percent.

 
Unfortunately the strong development of many other, in fact most of the other SMI companies ensures that investors have more optimistic titles for their money. Even with an increase of 19 and 42 percent respectively, Swatch and Adecco have been among the worst five values in the SMI for the period 2010-2019., At the top end for the decade the construction chemicals group SIKA is number one in the SMI with around + 655 percent, growth, Lonza + 482 percent, Givaudan + 354 percent. Thus Credit Suisse and UBS really need to impress investors in order to entice them to buy!