Several other equities analysts also recently issued reports on the stock. Goldman Sachs Group began coverage on shares of Banco Bradesco in a report on Monday, June 10th. They set a “sell” rating and a $9.58 price target for the company. Zacks Investment Research downgraded shares of Banco Bradesco from a “buy” rating to a “hold” rating in a report on Monday, July 8th. Three investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Banco Bradesco currently has a consensus rating of “Hold” and a consensus price target of $10.29.
Shares of BBD stock opened at $8.88 on Wednesday. Banco Bradesco has a 12-month low of $5.41 and a 12-month high of $10.55. The company has a market cap of $89.45 billion, a P/E ratio of 12.51, a P/E/G ratio of 0.53 and a beta of 0.92. The company’s 50-day moving average price is $9.80. The company has a quick ratio of 1.10, a current ratio of 1.15 and a debt-to-equity ratio of 0.79.
About Banco Bradesco
Banco Bradesco SA, together with its subsidiaries, provides banking and financial products and services to individuals, corporates, and businesses in Brazil and internationally. It operates through two segments, Banking and Insurance. The company accepts checking and savings accounts, demand deposits, time deposits, and interbank deposits.
Recommended Story: Ex-Dividend
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Banco Bradesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bradesco and related companies with MarketBeat.com's FREE daily email newsletter.