In yesterday’s Wall Street session, Banco Bradesco S.A. ADR (NYSE:BBD) shares traded at $3.36, up 0.90% from the previous session.
2 analysts cover Banco Bradesco S.A. ADR (NYSE:BBD), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $4.80 and a low of $3.50, we find $4.15. Given the previous closing price of $3.33, this indicates a potential upside of 24.62 percent. BBD stock price is now 13.27% away from the 50-day moving average and 12.77% away from the 200-day moving average. The market capitalization of the company currently stands at $17.85B.
The stock has received a hold rating from 0 analysts and a buy rating from 2. Brokers who have rated the stock have averaged $4.15 as their price target over the next twelve months.
With the price target of $3.50, Jefferies recently initiated with Buy rating for Banco Bradesco S.A. ADR (NYSE: BBD).
A total of 0.00% of the company’s stock is owned by insiders.
On Friday morning Banco Bradesco S.A. ADR (NYSE: BBD) stock kicked off with the opening price of $3.3200. During the past 12 months, Banco Bradesco S.A. ADR has had a low of $2.29 and a high of $3.62. The fifty day moving average price for BBD is $2.9786 and a two-hundred day moving average price translates $3.0143 for the stock.
The latest earnings results from Banco Bradesco S.A. ADR (NYSE: BBD) was released for Sep, 2023. The net profit margin was 4.33% and return on equity was 8.56% for BBD.
Banco Bradesco S.A. ADR(BBD) Company Profile
Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; debit and business cards; financial and security services; consortium products; auto, personal accident, dental, travel, and life insurance; investment products; pension products; real estate and vehicle auctions; cash management, and foreign trade and exchange services; capitalization bonds; and internet banking services. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.
