Dropping one notch to third place is Bob Kommers of Deutsche Bank. “Bob’s is a voice that can be trusted,” attests one client. The analyst, who follows six stocks, upgraded Sberbank of Russia’s global depositary receipts from hold to buy way back in December 2011, at $10.44, on the Moscow-based diversified financial services firm’s investments in information technology and other efforts to improve efficiency. By the end of May 2013, the GDRs had climbed 18.4 percent, to $12.36, and outstripped the RTS Financials Index by 28.1 percentage points. Kommers still recommends Sberbank as a “high-quality asset at an attractive price that should continue to deliver earnings growth,” he says. — Ben Mattlin |
Industries – Financial Services: Third