Zacks Rating on Banco Bradesco Sa (BBD)

Banco Bradesco Sa (BBD) : The consensus on Banco Bradesco Sa (BBD) based on 5 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Banco Bradesco Sa (BBD) : The most positive equity analysts on Banco Bradesco Sa (BBD) expects the shares to touch $8, whereas, the least positive believes that the stock will trade at $4 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $6.31 with an expected fluctuation of $1.79 from the mean.


Banco Bradesco S.A. has lost 4.51% in the last five trading days and dropped 0.39% in the last 4 weeks. Banco Bradesco S.A. is up 28.28% in the last 3-month period. Year-to-Date the stock performance stands at 101.72%. Banco Bradesco Sa (NYSE:BBD): On Tuesdays trading session , Opening price of the stock was $9.01 with an intraday high of $9.08. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $8.68. However, the stock managed to close at $8.69, a loss of 2.14% for the day. On the previous day, the stock had closed at $8.88. The total traded volume of the day was 14,229,162 shares.

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.

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