BB Seguridade Participacoes (OTCMKTS:BBSEY – Get Free Report) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Tuesday, Zacks reports.
Separately, Citigroup downgraded BB Seguridade Participacoes to a “sell” rating in a research report on Friday, September 11th. Two equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, BB Seguridade Participacoes currently has an average rating of “Reduce”.
View Our Latest Research Report on BBSEY
BB Seguridade Participacoes Price Performance
Shares of BBSEY stock opened at $7.16 on Tuesday. BB Seguridade Participacoes has a 1 year low of $6.01 and a 1 year high of $8.81. The stock’s 50 day simple moving average is $7.86 and its two-hundred day simple moving average is $7.43. The company has a market cap of $13.90 billion, a PE ratio of 7.87 and a beta of 0.39.
BB Seguridade Participacoes (OTCMKTS:BBSEY – Get Free Report) last posted its quarterly earnings data on Tuesday, November 3rd. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. The business had revenue of $505.31 million during the quarter, compared to analyst estimates of $498.02 million. BB Seguridade Participacoes had a return on equity of 82.49% and a net margin of 88.25%. Equities research analysts expect that BB Seguridade Participacoes will post 0.85 EPS for the current year.
About BB Seguridade Participacoes
BB Seguridade Participações S.A. is a Brazilian holding company focused on insurance, pension, capitalization and related financial services. It provides these products primarily through subsidiaries and business partnerships, rather than directly to customers. Its businesses include insurance products such as life, property and rural coverage; private pension plans; capitalization bonds; and brokerage and distribution services. The company uses Banco do Brasil’s customer network to help distribute products.
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