Published: Thu, June 01, 2017
Money | By Armando Alvarado

Investors Catching Stocks Banco Bradesco S.A. (BBD)


Banco Bradesco Sa (BBD) reported sales (ttm) of 42.21 Billion, whereas, 2 number of analysts estimated the mean sale of 8378 million. Stifel Financial Corp acquired a new position in Banco Bradesco SA during the first quarter worth about $109,000. Shareholders owning the stock before Jun 2, 2017 will be eligible to receive the payout.

Stock market analysts and brokers have recently amended their target prices on shares of Banco Bradesco Sa (NYSE:BBD).

Analysts await Banco Bradesco SA (ADR) (NYSE:BBD) to report earnings on July, 27.

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Banco Bradesco Sa (BBD) stands at 14.78 while the industry's and the sector's growth for next 5 years ticked at 14.27 and 14.54 respectively. Harding Loevner LP raised its stake in shares of Banco Bradesco SA by 2.2% in the first quarter.

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04/08/2016 - Banco Bradesco Sa was downgraded to "sell" by analysts at Citigroup. BlackRock Inc. now owns 39,254,732 shares of the bank's stock worth $401,969,000 after buying an additional 38,690,111 shares during the last quarter. Zacks Investment Research cut shares of Banco Bradesco SA from a "buy" rating to a "hold" rating in a research report on Wednesday, February 8th. They are projecting Next Quarter growth of -4.3%.

07/28/2015 - Banco Bradesco Sa had its "overweight" rating reiterated by analysts at JP Morgan. Harding Loevner LP now owns 21,175,686 shares of the bank's stock worth $216,839,000 after buying an additional 453,801 shares during the last quarter. Fiera Capital Corp acquired a new position in Banco Bradesco SA during the fourth quarter worth about $101,000. The stock of Banco Bradesco SA (ADR) (NYSE:BBD) earned "Neutral" rating by Goldman Sachs on Monday, May 2. 12,552,823 shares of the company were exchanged. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -9% where SMA50 and SMA200 are -8.71% and -2.13% respectively. The company has market cap of $51.97 billion. The bank reported $0.27 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.03.

The share price of Banco Bradesco Sa (NYSE:BBD) was down -1.40% during the last trading session, with a day high of 8.64. Banco Bradesco SA had a return on equity of 17.58% and a net margin of 10.43%. The stock touched 52-week High of $10.37 on 05/16/17 and 52-week Low of $5.30 on 06/02/16. The indicated annual dividend is $0.06. This represents a dividend yield of 0.75%. The ex-dividend date of this dividend is Monday, July 3rd.

03/15/2016 - Banco Bradesco Sa had its "underperform" rating reiterated by analysts at Scotiabank. If you are accessing this report on another website, it was illegally copied and republished in violation of United States & global copyright & trademark legislation. Its last month's stock price volatility remained 5.4% which for the week stands at 4.7%. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The Bank offers a range of banking and financial products and services in Brazil and overseas to individuals, large, mid-sized and small companies, and local and global corporations and institutions. The Company's divisions include Financial; Insurance and Capitalization bonds; Pension plans, and Other Activities.

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