Analysts Speculate on Banco Bradesco SA (BBD)

Zacks Investment Research lowered shares of Banco Bradesco SA from a “buy” rating to a “hold” rating in a research note on Friday, May 5th.Banco Bradesco SA (NYSE:BBD) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a research report issued on Friday, June 23rd.As of the end of the quarter Morgan Stanley had bought a total of 2,189 shares growing its position 537.8%. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Banco Bradesco SA by 35.2% in the fourth quarter. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up.05/05/2016 – Banco Bradesco Sa had its ” rating reiterated by analysts at UBS. The stock has a market cap of $56.20 billion, a PE ratio of 10.400 and a beta of 1.75.Banco Bradesco S.A. (BBD) maintained activity of 14.02 million shares that trade hands on average basis while its relative volume is 0.81.The company’s Average Earnings Estimate for the Current Fiscal quarter is $0.22, according to consensus of 4 analysts. 7243310 shares were traded on Banco Bradesco Sa’s last session. US Bancorp DE now owns 10,993 shares of the bank’s stock worth $113,000 after buying an additional 468 shares during the period. Capital Growth Management LP acquired a new position in shares of Banco Bradesco SA during the first quarter valued at about $35,840,000. The analysts, on average, are forecasting a $2.98 price target, but the stock is already up 108.64% from its recent lows. Analysts giving the company a rating of 3 would be indicating a Hold recommendation.Market Capitalization can be thought of as the overall price to buy the company. Finally, Comerica Bank boosted its position in shares of Banco Bradesco SA by 1.9% in the first quarter. The firm’s 50 day moving average is $8.54 and its 200-day moving average is $8.94. LLC now owns 10,961 shares of the bank’s stock worth $112,000 after buying an additional 466 shares during the period. Bank of Montreal Can increased its position in shares of Banco Bradesco SA by 30.0% in the second quarter.The volume of the particular stock is the shares bought and sold in a single trading day. Banco Bradesco SA had a net margin of 9.08% and a return on equity of 18.06%. The business had revenue of $13.25 billion for the quarter. The current consensus recommendation provided by covering analysts is 2.80.The company also recently announced a special dividend, which will be paid on Friday, September 8th.Hedge funds and other institutional investors have recently modified their holdings of the stock. The ex-dividend date will be on Friday the 2nd of June 2017. It has a dividend yield of 0.76%.COPYRIGHT VIOLATION NOTICE: “United Capital Financial Advisers LLC Has $194,000 Stake in Banco Bradesco SA (BBD)” was first reported by BBNS and is owned by of BBNS. If you are accessing this piece on another site, it was illegally stolen and republished in violation of US and global trademark and copyright legislation. The company operates through two segments, Banking; and Insurance, Pension Plans and Capitalization Bond. 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.In Foreign Regional Banks Industry, BancoBradesco S.A. (BBD) have 6.09 billion outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.