Are Analysts Bearish Banco Bradesco SA (ADR) (NYSE:BBD) After Last Week?

Out of 5 analysts covering Banco Bradesco SA (NYSE:BBD), 3 rate it “Buy”, 2 “Sell”, while 1 “Hold”. This means 50% are positive. Banco Bradesco SA was the topic in 5 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Below is a list of Banco Bradesco SA (ADR) (NYSE:BBD) latest ratings and price target changes.

22/03/2016 Broker: Deutsche Bank Old Rating: Buy New Rating: Hold Downgrade
15/03/2016 Broker: Scotia Capital Rating: Underperform Initiate
14/03/2016 Broker: Bank of America Old Rating: Neutral New Rating: Buy Upgrade
12/10/2015 Broker: Deutsche Bank Old Rating: Hold New Rating: Buy Upgrade

About 5.72 million shares traded hands. Banco Bradesco SA (ADR) (NYSE:BBD) has risen 16.56% since September 1, 2015 and is uptrending. It has outperformed by 9.87% the S&P500.

Banco Bradesco S.A. is a multiple service bank. The company has a market cap of $40.43 billion. The Firm offers a range of banking and financial services and products in Brazil and abroad to individuals, large, mid‑sized and small companies, and local and international firms and institutions. It has 8.18 P/E ratio. The Firm operates and manages its business through two operating divisions: the banking segment, and the insurance, pension plans and capitalization bond segment.

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