Stocks of Banco Bradesco S.A. ADR (NYSE:BBD) traded higher last session on Wall Street, up 0.42% to $2.39.
BBD stock price is now 11.93% away from the 50-day moving average and 6.87% away from the 200-day moving average. The market capitalization of the company currently stands at $12.64B.
With the price target reduced from $2.40 to $2, Goldman Downgraded its rating from Buy to Sell for Banco Bradesco S.A. ADR (NYSE: BBD). On January 13, 2025, HSBC Securities Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $2.80, while ‘JP Morgan’ rates the stock as ‘Neutral’
A total of 0.00% of the company’s stock is owned by insiders.
During the past 12 months, Banco Bradesco S.A. ADR has had a low of $1.75 and a high of $2.81. According to the stock market information, the enterprise value for the company is $490858250240, which is based on a 7.89 price-to-earnings ratio, a 0.56 price-to-earnings-growth ratio, and a beta of 0.67. The fifty day moving average price for BBD is $2.1622 and a two-hundred day moving average price translates $2.32295 for the stock.
The latest earnings results from Banco Bradesco S.A. ADR (NYSE: BBD) was released for 2024-12-31. The net profit margin was 5.73% and return on equity was 10.44% for BBD. The company reported revenue of $9.29 billion for the quarter, compared to $11.33 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -17.99 percent. For the current quarter, analysts expect BBD to generate $31.59B in revenue.
