Credicorp Price Target Increased to $178.00 by Analysts at Goldman Sachs (BAP)
Goldman Sachs boosted their target price on shares of Credicorp (NYSE:BAP) from $166.00 to $178.00 in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Goldman Sachs’ price target would suggest a potential upside of 14.71% from the stock’s previous close.
A number of other firms have also recently commented on BAP. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Credicorp in a research note on Monday, May 12th. They now have a $173.00 price target on the stock, up previously from $170.00. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $158.40.
Shares of Credicorp (NYSE:BAP) traded up 0.78% on Friday, hitting $156.38. The stock had a trading volume of 426,418 shares. Credicorp has a 52 week low of $106.882 and a 52 week high of $163.31. The stock has a 50-day moving average of $148.8 and a 200-day moving average of $131.4. The company has a market cap of $12.473 billion and a price-to-earnings ratio of 19.70.
Credicorp Ltd. (NYSE:BAP) is a financial services holding company.
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