Credicorp Upgraded to Neutral by Zacks (BAP)
Credicorp (NYSE:BAP) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued to investors on Monday, ARN reports. The firm currently has a $132.60 target price on the stock. Zacks‘ price objective would suggest a potential upside of 1.52% from the company’s current price.
Credicorp (NYSE:BAP) traded down 0.71% during mid-day trading on Monday, hitting $130.62. 236,643 shares of the company’s stock traded hands. Credicorp has a 52-week low of $111.05 and a 52-week high of $167.63. The stock has a 50-day moving average of $126.8 and a 200-day moving average of $135.0. The company has a market cap of $10.370 billion and a P/E ratio of 15.79.
A number of other firms have also recently commented on BAP. Analysts at JPMorgan Chase & Co. upgraded shares of Credicorp from a “neutral” rating to an “overweight” rating in a research note to investors on Tuesday, August 13th. They now have a $157.00 price target on the stock, down previously from $158.00. Finally, analysts at Santander cut their price target on shares of Credicorp from $170.00 to $150.00 in a research note to investors on Monday, August 12th. They now have a “buy” rating on the stock. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $148.52.
Credicorp Ltd. (NYSE:BAP) is a financial services holding company.
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