Analysts predict that Credicorp Ltd. (NYSE:BAP) will announce earnings of $3.44 per share for the current quarter, according to Zacks. Zero analysts have made estimates for Credicorp’s earnings, with estimates ranging from $3.41 to $3.46. Credicorp reported earnings of $3.27 per share during the same quarter last year, which would indicate a positive year over year growth rate of 5.2%. The business is scheduled to report its next earnings results on Monday, August 14th.

On average, analysts expect that Credicorp will report full-year earnings of $14.02 per share for the current fiscal year, with EPS estimates ranging from $13.90 to $14.21. For the next financial year, analysts expect that the business will post earnings of $16.09 per share, with EPS estimates ranging from $15.75 to $16.43. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover Credicorp.

A number of equities analysts have weighed in on the stock. Zacks Investment Research raised shares of Credicorp from a “hold” rating to a “buy” rating and set a $174.00 target price for the company in a research note on Tuesday, April 18th. BidaskClub raised shares of Credicorp from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Finally, Credit Suisse Group set a $196.00 price target on shares of Credicorp and gave the company a “buy” rating in a research report on Saturday, May 6th.

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Several large investors have recently made changes to their positions in BAP. O Shaughnessy Asset Management LLC increased its stake in shares of Credicorp by 0.8% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,609 shares of the bank’s stock valued at $263,000 after buying an additional 13 shares during the period. Huntington National Bank increased its stake in shares of Credicorp by 3.4% in the first quarter. Huntington National Bank now owns 764 shares of the bank’s stock valued at $125,000 after buying an additional 25 shares during the period. UMB Bank N A MO increased its stake in shares of Credicorp by 4.0% in the first quarter. UMB Bank N A MO now owns 1,418 shares of the bank’s stock valued at $232,000 after buying an additional 54 shares during the period. Wetherby Asset Management Inc. increased its stake in shares of Credicorp by 4.3% in the first quarter. Wetherby Asset Management Inc. now owns 1,959 shares of the bank’s stock valued at $320,000 after buying an additional 80 shares during the period. Finally, Hanseatic Management Services Inc. increased its stake in shares of Credicorp by 3.0% in the first quarter. Hanseatic Management Services Inc. now owns 2,923 shares of the bank’s stock valued at $477,000 after buying an additional 85 shares during the period. 69.36% of the stock is owned by institutional investors.

Shares of Credicorp (BAP) traded up 0.17% during trading on Monday, hitting $182.34. The stock had a trading volume of 139,002 shares. The stock has a 50 day moving average of $174.13 and a 200 day moving average of $164.71. The firm’s market cap is $14.49 billion. Credicorp has a 52-week low of $144.23 and a 52-week high of $185.10.

Credicorp Company Profile

Credicorp Ltd. is a financial services holding company in Peru. The Company has four operating segments based on its products and services, which include banking, insurance, pension funds and investment banking. Its operating subsidiaries include Banco de Credito del Peru; Atlantic Security Bank, which it holds through Atlantic Security Holding Corporation; El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros (Grupo Pacifico); Prima AFP SA, and Credicorp Capital Ltd.

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