Shares of Credicorp Ltd. (NYSE:BAP) have been given a consensus recommendation of “Buy” by the ten brokerages that are covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $224.25.

Several research firms recently weighed in on BAP. BidaskClub upgraded shares of Credicorp from a “buy” rating to a “strong-buy” rating in a report on Friday, August 11th. Zacks Investment Research downgraded shares of Credicorp from a “buy” rating to a “hold” rating in a report on Friday, August 11th. downgraded shares of Credicorp from a “buy” rating to a “hold” rating in a report on Monday, November 13th. Citigroup downgraded shares of Credicorp from a “buy” rating to a “neutral” rating in a report on Friday, September 29th. Finally, HSBC downgraded shares of Credicorp from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th.

Shares of Credicorp (BAP) opened at $211.22 on Friday. Credicorp has a 1-year low of $150.71 and a 1-year high of $215.69. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market cap of $17,016.22, a P/E ratio of 15.56, a P/E/G ratio of 1.23 and a beta of 0.84.

A number of institutional investors have recently bought and sold shares of BAP. JPMorgan Chase & Co. grew its stake in shares of Credicorp by 8.2% in the second quarter. JPMorgan Chase & Co. now owns 2,816,921 shares of the bank’s stock worth $505,327,000 after acquiring an additional 213,085 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Credicorp by 3.6% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 114,444 shares of the bank’s stock worth $20,530,000 after acquiring an additional 3,950 shares in the last quarter. Neuberger Berman Group LLC grew its stake in shares of Credicorp by 2.9% in the second quarter. Neuberger Berman Group LLC now owns 294,355 shares of the bank’s stock worth $52,804,000 after acquiring an additional 8,424 shares in the last quarter. C WorldWide Group Holding A S grew its stake in shares of Credicorp by 90.9% in the third quarter. C WorldWide Group Holding A S now owns 2,216 shares of the bank’s stock worth $455,000 after acquiring an additional 1,055 shares in the last quarter. Finally, Artisan Partners Limited Partnership grew its stake in shares of Credicorp by 25.0% in the second quarter. Artisan Partners Limited Partnership now owns 157,656 shares of the bank’s stock worth $28,282,000 after acquiring an additional 31,565 shares in the last quarter. Hedge funds and other institutional investors own 66.16% of the company’s stock.

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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.

Analyst Recommendations for Credicorp (NYSE:BAP)

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