Barclays Capital rates Israeli banks as "negative". However, it rates Mizrahi as its only "overweight" among Israeli lenders since it has a more than 30 percent market share of mortgages and just a 10 percent share of commercial and retail banking.
"While investors are inclined to recoil from the mere mention of mortgages and real estate in many geographies, we believe the stable and unchanged conservative lending practices in the Israel mortgage market make this stock increasingly attractive to a wider array of investors," analyst Joseph Wolf said.
