Banco Bradesco Sa (BBD) has risen sharply, recording gains of 0.12% in the past 4 weeks. However, the stock has corrected -4.39% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.33% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.64% and the fifty day Moving Average is 4.17%. Banco Bradesco S.A. is up 32.65% in the last three month period. Year-to-Date the stock performance stands at 102.18%.
Banco Bradesco Sa (BBD) : 3 investment research analysts covering Banco Bradesco Sa (BBD) have an average price target of $6.31 for the near short term. The highest target price given by the Brokerage Firm to the stock is $8 and the lowest target is $4 for the short term. Analysts expect the variance to be within $1.79 of the average price.
Banco Bradesco Sa (NYSE:BBD): The stock was completely flat for the day, closing at $8.71 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $8.76, the stock touched an intraday high of $9.07 and a low of $8.60. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $8.71. The total trading volume on Friday was 13,060,819.
Banco Bradesco S.A. (the Bank) is a commercial bank. The Bank offers a range of banking and financial products and services in Brazil and abroad to individuals, companies and local and international corporations and institutions. Its products and services include banking operations, such as loans and advances and deposit-taking, credit card issuance, purchasing consortiums, insurance, leasing, payment collection and processing, pension plans, asset management and brokerage services. The Bank operates in two segments: banking and insurance. The banking segment includes a range of banking activities, serving individual and corporate customers in the investment banking, national and international banking operations, and asset management and consortium administration operations. The insurance segment covers auto, health, life, accident and property insurance and pension plans as well as capitalization bonds.