Credit Suisse's 6 Financial Stocks To Avoid

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In a recent report, analysts at Credit Suisse outlined their 2015 outlook for financial stocks. Here’s a breakdown of their top stocks to avoid in 2015.

1. American Express Company AXP: Analysts see the company missing consensus earnings estimates due to pressure on revenue growth from factors such as increasing rewards and credit costs. Price target: $85.00

2. CBOE Holdings, Inc CBOE: Despite CBOE’s track record of steady execution, analysts see little upside potential in the stock from a valuation perspective. Price target: $63.00

3. Federated Investors Inc FII: Analysts estimate that up to $45 billion of the company’s prime institutional assets are at risk of being modified due to new Money Market Reform policies. Price target: $33.00

Related Link: Credit Suisse's 7 Financial Stocks To Consider For 2015

4. Unum Group UNM: Analysts believe that interest rates would need to rise by one full percent over the next three years for Unum to avoid another interest rate-related reserve charge like the one it announced in late 2014. Target price: $33.00

5. Corporate Office Properties Trust OFC: The Underperform rating on this name is primarily valuation-driven, as the stock is currently trading at full net asset value (NAV). Analysts believe that growth will be hard to come by in the near future. Price target: $27.00

6. MarketAxess Holdings Inc. MKTX: Analysts believe that the secular growth trend in online trading of corporate bonds and other financial instruments is fully priced into the stock at this point, as its price-to-earnings ratio of nearly 40 reflects. Price target: $58.00

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