Credicorp Ltd. (NYSE:BAP) rose 1.8% during mid-day trading on Wednesday . The stock traded as high as $159.19 and last traded at $157.95, with a volume of 297,329 shares changing hands. The stock had previously closed at $155.22.

BAP has been the topic of several recent research reports. Zacks Investment Research upgraded Credicorp from a “sell” rating to a “hold” rating in a research report on Tuesday, May 10th. Barclays PLC increased their price objective on Credicorp from $146.00 to $149.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 15th. Santander cut Credicorp from a “buy” rating to a “hold” rating in a research report on Thursday, March 24th. Finally, Scotiabank initiated coverage on Credicorp in a research report on Tuesday, March 15th. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $157.00.

The company has a 50-day moving average price of $149.78 and a 200 day moving average price of $127.79. The company has a market cap of $12.58 billion and a P/E ratio of 13.72.

Credicorp (NYSE:BAP) last posted its earnings results on Friday, May 6th. The company reported $2.90 EPS for the quarter, missing the Zacks’ consensus estimate of $2.97 by $0.07. On average, equities analysts expect that Credicorp Ltd. will post $12.49 EPS for the current fiscal year.

Other hedge funds have recently modified their holdings of the company. Henderson Group PLC raised its stake in shares of 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 during the last quarter. Stevens Capital Management LP raised its stake in shares of 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 during the last quarter. Aberdeen Asset Management PLC UK raised its stake in shares of 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 during the last quarter. New York State Common Retirement Fund raised its stake in shares of 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 during the last quarter. Finally, Sei Investments Co. raised its stake in shares of Credicorp by 217.1% in the fourth quarter. Sei Investments Co. now owns 81,275 shares of the company’s stock valued at $7,910,000 after buying an additional 55,646 shares during 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.