Banco Bradesco SA Sets New 52-Week High at $17.87 (BBD)
Shares of Banco Bradesco SA (NYSE:BBD) hit a new 52-week high during mid-day trading on Thursday , AR Network reports. The stock traded as high as $17.87 and last traded at $17.61, with a volume of 6,742,212 shares trading hands. The stock had previously closed at $17.74.
Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Banco Bradesco SA in a research note on Friday, July 25th. They now have a $16.00 price target on the stock, up previously from $14.00.
The stock has a 50-day moving average of $15.68 and a 200-day moving average of $14.30. The company has a market cap of $74.846 billion and a price-to-earnings ratio of 12.41.
Banco Bradesco SA (NYSE:BBD) last released its earnings data on Monday, August 4th. The company reported $0.40 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.38 by $0.02. Analysts expect that Banco Bradesco SA will post $1.53 EPS for the current fiscal year.
The company also recently declared a special dividend, which is scheduled for Wednesday, October 8th. Shareholders of record on Thursday, September 4th will be given a dividend of $0.0092 per share. The ex-dividend date of this dividend is Tuesday, September 2nd.
Banco Bradesco SA (NYSE:BBD) is a Brazil-based bank.
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