Shares of Credicorp Ltd. (NYSE:BAP) hit a new 52-week high during trading on Friday . The stock traded as high as $156.95 and last traded at $156.60, with a volume of 151,794 shares. The stock had previously closed at $150.20.

Several analysts have commented on BAP shares. Santander cut shares of Credicorp from a “buy” rating to a “hold” rating in a research note on Thursday, March 24th. Barclays PLC boosted their price target on shares of Credicorp from $146.00 to $149.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 15th. Scotiabank started coverage on shares of Credicorp in a research note on Tuesday, March 15th. They issued an “outperform” rating on the stock. Finally, Zacks Investment Research upgraded shares of Credicorp from a “hold” rating to a “buy” rating and set a $168.00 price target on the stock in a research note on Wednesday. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $157.00.

The firm has a 50 day moving average price of $148.33 and a 200-day moving average price of $126.52. The firm has a market cap of $12.44 billion and a PE ratio of 13.56.

Credicorp (NYSE:BAP) last released its quarterly earnings results on Friday, May 6th. The company reported $2.90 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.97 by $0.07. Analysts anticipate that Credicorp Ltd. will post $12.49 earnings per share for the current year.

A number of hedge funds have recently added to or reduced their stakes in the stock. Henderson Group PLC raised its stake in Credicorp by 7.8% in the fourth quarter. Henderson Group PLC now owns 27,761 shares of the company’s stock valued at $2,699,000 after buying an additional 2,000 shares in the last quarter. Stevens Capital Management LP raised its stake in Credicorp by 17.3% in the fourth quarter. Stevens Capital Management LP now owns 35,048 shares of the company’s stock valued at $3,411,000 after buying an additional 5,169 shares in the last quarter. Numeric Investors LLC raised its stake in Credicorp by 76.5% in the fourth quarter. Numeric Investors LLC now owns 37,600 shares of the company’s stock valued at $3,659,000 after buying an additional 16,300 shares in the last quarter. Aberdeen Asset Management PLC UK raised its stake in Credicorp by 2.8% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 47,308 shares of the company’s stock valued at $5,416,000 after buying an additional 1,308 shares in the last quarter. Finally, New York State Common Retirement Fund raised its stake in Credicorp by 6.3% in the fourth quarter. New York State Common Retirement Fund now owns 68,784 shares of the company’s stock valued at $6,694,000 after buying an additional 4,077 shares in the last quarter.

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

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.