Looking at top Wall Street opinions, Banco Bradesco S.A. (NYSE: BBD) has recently made its way into the research list of Goldman – signaling that their analyst’s rating adjustment is noteworthy. This stock was Sell in the eyes of Goldman, as reported on Monday, June 10th, 2019. Another heavy-hitting research note was published by JP Morgan on Monday January 22nd, 2018, with this firm upgrading BBD to an updated rating of Overweight from its previous rating of Neutral. In the past six months and three months of trading, shares of Banco Bradesco S.A. (BBD) have moved by 22.06% and -1.47%, respectively.
Brokerage Updates Related to Banco Bradesco S.A. (BBD) Stock
This publicly-traded organization generated gains of 0.63% over the last 5 sessions. Right now, this stock is the subject of 5 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 1 have given an underperform rating, 0 has given a sell rating, and 2 have given a rating of Buy or better. Based on the 5 stock market experts following this company, the average 12-month price target is $9.92. Moreover, individual price targets range between $7.54-$12.16. With its recent move to $10.18, we can see that these firms project this stock will gain by 61.99% in one year.
Updates from Banco Bradesco S.A. (BBD) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.02% rise since the beginning of the calendar year.
Banco Bradesco S.A. (NYSE:BBD) Results in the Pipeline
The next scheduled release of financial results for Banco Bradesco S.A. will be for the Sep-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.18. In the same vein, they expect sales for the quarter to amount to $6,438.21 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $6,192.27 million in revenue alongside EPS at $0.17. On average, the analyst projection was calling for $7,310.28 million with $0.19 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $8,466.21 million, with earnings per share ending up at $0.19.
People’s United Financial, Inc. (NASDAQ:PBCT) experienced a gain of 1.00% from the closing price in the previous trading day. That boost the price to $16.22 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,497,234 shares of stock – compared to the typical average of 3.14M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $17.75.
Pricing Indications for People’s United Financial, Inc. (PBCT)
This organization has had a price-to-earnings ratio of 12.89 in the last year. Meanwhile, it gained 16.65 from its observable 50-day simple moving average. Right at this moment, the per-share value is -2.28% lower than the mean per-share price over the last 200 days in the market.
People’s United Financial, Inc. (NASDAQ:PBCT) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 1 have a Buy rating, 2 have an outperform rating, while 9 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.70, based on information from Thomson Reuters.
PBCT Stock Value Potential
In trading activity as of late, this stock’s value was 16.59 up from its 200 day moving average, while also -2.63% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $16.00-$19.00. The market value for the entire organization reached 6.49B. In the last trading session, the price ended the day at $16.06. The institutional holdings related to this organization account for 0.60%, and the Beta factor is now 1.18. This company’s RSI (Relative Strength Index) managed to hit 49.83.
People’s United Financial, Inc. (NASDAQ:PBCT) Analyst Points of Focus
People’s United Financial, Inc. (PBCT) has found itself inside of FIG Partners’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Market Perform, compared to its previous rating of Outperform by FIG Partners, as garnered from a news report on Monday April 22nd, 2019. An additional helpful research note was sent out by FIG Partners’s on Thursday December 20th, 2018. The brokerage decided to initiated PBCT to Outperform.