Shares of Banco De Chile (NYSE:BCH) have earned a consensus rating of “Buy” from the seven analysts that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $84.00.

A number of research firms recently weighed in on BCH. BidaskClub upgraded shares of Banco De Chile from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 16th. Zacks Investment Research upgraded shares of Banco De Chile from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a report on Tuesday, August 22nd. Santander upgraded shares of Banco De Chile from a “hold” rating to a “buy” rating in a report on Thursday, September 21st. J P Morgan Chase & Co lowered shares of Banco De Chile from an “overweight” rating to a “neutral” rating and set a $92.00 target price on the stock. in a report on Wednesday, September 6th. Finally, ValuEngine upgraded shares of Banco De Chile from a “hold” rating to a “buy” rating in a report on Friday, September 1st.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC grew its position in Banco De Chile by 2.2% in the 2nd quarter. Parallel Advisors LLC now owns 1,880 shares of the bank’s stock worth $161,000 after purchasing an additional 41 shares in the last quarter. Global X Management Co. LLC grew its position in Banco De Chile by 5.7% in the 2nd quarter. Global X Management Co. LLC now owns 2,042 shares of the bank’s stock worth $159,000 after purchasing an additional 111 shares in the last quarter. Stifel Financial Corp grew its position in Banco De Chile by 4.5% in the 2nd quarter. Stifel Financial Corp now owns 9,100 shares of the bank’s stock worth $706,000 after purchasing an additional 391 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its position in Banco De Chile by 4.1% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 14,521 shares of the bank’s stock worth $1,324,000 after purchasing an additional 578 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Banco De Chile by 0.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 194,599 shares of the bank’s stock worth $15,165,000 after purchasing an additional 775 shares in the last quarter. Institutional investors own 1.42% of the company’s stock.

Shares of Banco De Chile (NYSE BCH) opened at $82.40 on Tuesday. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.42 and a quick ratio of 1.39. Banco De Chile has a fifty-two week low of $68.12 and a fifty-two week high of $95.80. The firm has a market cap of $13,870.97, a PE ratio of 16.22, a P/E/G ratio of 1.84 and a beta of 0.41.

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Banco De Chile Company Profile

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