The Banco Bradesco SA (BBDO) Earning Somewhat Positive Press Coverage, Report Shows

Ruben Hill
October 18, 2017

Banco Bradesco S.A. (BBD) ended its previous trading session at $11.5 with the Loss of -0.61%. The stock tapped a 52-week high of US$11.86 while the mean 12-month price target for the shares is US$10.57. The stock exchanged hands with 2,919,094 numbers of shares compared to its average daily volume of 1.82M shares. Banco Bradesco SA (ADR) (NYSE:BBD) has risen 43.32% since October 17, 2016 and is uptrending.

Several large investors have recently modified their holdings of the company. INVH's latest closing price was 3.94% away from the average price of 200 days while it maintained a distance of 0.38% from the 50 Day Moving Average and 0.16% away compared to its SMA 20. Envestnet Asset Management Inc. now owns 47,250 shares of the bank's stock valued at $484,000 after acquiring an additional 3,555 shares during the last quarter. US Bancorp DE now owns 10,993 shares of the bank's stock worth $113,000 after acquiring an additional 468 shares during the period. There has been an observed change of 0.00% in the ownership of the shares in the past six months.

07/13/2015 - Banco Bradesco Sa was upgraded to "neutral" by analysts at Sterne Agee. The original version of this piece of content can be read at TD Asset Management Inc. boosted its stake in Banco Bradesco SA by 87.4% in the first quarter. With an institutional ownership near 24.71%, it carries an earnings per share ratio of 0.91. Candriam Luxembourg S.C.A. now owns 21,252 shares of the bank's stock valued at $181,000 after acquiring an additional 1,932 shares during the period. If you are reading this article on another site, it was stolen and reposted in violation of USA and global trademark and copyright legislation.

Investors and Traders continue to monitor technical levels of shares of BancoBradesco S.A. (BBD).

BBD has been the subject of a number of research reports. Checchi Capital Advisers LLC increased its position in shares of Banco Bradesco SA by 7.2% during the second quarter. Banco Bradesco S.A.'s beta is - whilst the stock has an average true range (ATR) of 0.26. Stockholders of record on Friday, November 3rd will be paid a dividend of $0.006 per share. The ex-dividend date of this dividend is Thursday, November 2nd. This represents a $0.07 annualized dividend and a dividend yield of 0.63%. Goldman Sachs Group, Inc.

Currently, the stock carries a price to earnings ratio of 12.61, a price to book ratio of 2.08, and a price to sales ratio of 3.11. Scotiabank cut shares of Banco Bradesco SA from an "outperform" rating to a "sector perform" rating in a research report on Tuesday, September 5th. Deutsche Bank downgraded Banco Bradesco SA (ADR) (NYSE:BBD) on Tuesday, March 22 to "Hold" rating. BidaskClub raised shares of Banco Bradesco SA from a "buy" rating to a "strong-buy" rating in a research note on Sunday, July 16th.

Banco Bradesco S.A. (NYSE:BBD) gross margin percentage stands at 0% while its operating margin for the past trailing twelve month is 0 percent and its overall profit margin (ttm) is 0 Percent.

The company now has an insider ownership of 0 Percent and Institutional ownership of 24.71 Percent.

Cisco Systems, Inc. (CSCO) analysts on average have given a price target of $10.57 on CSCO stock. The company operates in two segments, Banking; and Insurance, Pension Plans and Capitalization Bond.

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