JPMorgan Chase & Co. (NYSE: JPM) analysts downgraded Credicorp Ltd. (NYSE: BAP) from Overweight to Neutral. The analysts also increased their price target from  $92 to $100.

Credicorp Ltd. (Credicorp) is a financial services holding company. The Company is engaged principally in banking, insurance (including commercial property, transportation and marine hull, automobile, life, health and underwriting insurance), pension funds (including private pension fund management services), and brokerage and other (including brokerage, trust, custody and securitization services, asset management, and trading and investment). The Company has four segments: banking, insurance, pension funds, and brokerage and others.

BAP traded down 0.84% on Friday ending at $92.34