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Banco de Chile (NYSE:BCH) was upgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued on Friday, TheFlyOnTheWall.com reports.

Banco de Chile (NYSE:BCH) opened at 73.96 on Friday. Banco de Chile has a one year low of $68.739 and a one year high of $93.9883. The stock has a 50-day moving average of $75.21 and a 200-day moving average of $76.12. The company has a market cap of $11.751 billion and a price-to-earnings ratio of 11.39.

Banco de Chile (NYSE:BCH) last announced its earnings results on Wednesday, August 13th. The company reported $1.78 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.61 by $0.17. On average, analysts predict that Banco de Chile will post $6.34 earnings per share for the current fiscal year.

Banco de Chile (NYSE:BCH) is a Chile-based bank that offers a range of banking services to customers, ranging from individuals to corporations.

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