Credicorp Ltd. (BAP) Trading Down 1.7%
Credicorp Ltd. (NYSE:BAP) fell 1.7% on Friday . The stock traded as low as $157.62 and last traded at $157.66, with a volume of 106,886 shares. The stock had previously closed at $160.38.
A number of brokerages recently commented on BAP. JPMorgan Chase & Co. raised their price objective on shares of Credicorp from $166.00 to $190.00 and gave the company an “overweight” rating in a research report on Thursday, August 11th. Zacks Investment Research downgraded shares of Credicorp from a “buy” rating to a “hold” rating in a research report on Wednesday, August 10th. Finally, Credit Suisse Group AG restated a “buy” rating and issued a $154.00 price objective on shares of Credicorp in a research report on Tuesday, August 9th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Credicorp presently has an average rating of “Buy” and an average target price of $165.25.
The company’s market capitalization is $12.50 billion. The stock’s 50-day moving average price is $159.05 and its 200 day moving average price is $141.63.
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.
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.