Banco Bradesco SA (BBD) Receives $9.30 Average PT from Analysts

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If the market is performing well and the stock is over-valued, USB might be a good investment at this point but if the market is dropping down, you might not consider buying the stock. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Banco Bradesco SA by 35.2% in the fourth quarter. Capstone Asset Management Co. increased its stake in Banco Bradesco SA by 2.2% in the first quarter.

Prince Street Capital Management Llc decreased its stake in Banco Bradesco S A (BBD) by 72.55% based on its latest 2016Q4 regulatory filing with the SEC. This estimate is provided by 2 analysts. Investorplace.com's article titled: "Why Banco Bradesco SA (ADR) (BBD), Coca-Cola Enterprises Inc (CCE) and Great ..." and published on May 31, 2016 is yet another important article. Capstone Asset Management Co. now owns 419,090 shares of the bank's stock worth $3,562,000 after buying an additional 24,251 shares during the period. Finally, BidaskClub upgraded Banco Bradesco SA from a "hold" rating to a "buy" rating in a report on Saturday, July 1st.

During last 3 month it remained at 1.54%. Investors measure stock performance on the basis of a company's earnings power.

Banco Bradesco S.A. (BBD), a part of Financial sector and belongs to Foreign Regional Banks industry; ended its day with gain 0.76% and finalized at the price of $9.23.

Following trading activity for Tesla, Inc.(NASDAQ:TSLA), we can see that the stock has moved onto today's list of most actives. The share price has moved forward from its 20 days moving average 10.84% and positively from its 50 days moving average 6.40%. Banco Bradesco SA has a one year low of $7.09 and a one year high of $10.37.

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Banco Bradesco S.A. (BBD) has the market capitalization of $56.17 Billion.

Banco Bradesco S.A. has a consensus hold rating from 6 Wall Street analysts, and the number of shares now sold short amount to at least 0.9% of shares outstanding. Banco Bradesco SA had a net margin of 9.08% and a return on equity of 18.06%. The company had revenue of $13.25 billion for the quarter. Analysts anticipate that Banco Bradesco SA will post $0.94 earnings per share for the current year.

The business also recently announced a special dividend, which will be paid on Friday, September 8th.

Many analysts have provided their estimated foresights on Banco Bradesco S.A. Earnings, with 4 analysts believing the company would generate an Average Estimate of $0.22. This represents a yield of 6.99%. The ex-dividend date is Wednesday, August 2nd. Banco Bradesco SA's dividend payout ratio (DPR) is presently 76.87%. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in shares of Banco Bradesco SA during the fourth quarter worth approximately $124,000. If you are viewing this story on another domain, it was stolen and reposted in violation of United States & global copyright and trademark law.

Several research analysts recently weighed in on the company. Deutsche Bank downgraded Banco Bradesco SA (ADR) (NYSE:BBD) on Tuesday, March 22 to "Hold" rating. ValuEngine upgraded Banco Bradesco SA from a "buy" rating to a "strong-buy" rating in a report on Friday, June 2nd. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold". (NASDAQ:TSLA). At the time of writing, the First Call consensus price target for the company is $293.06. Relative Strength Index (RSI-14) for Banco Bradesco S.A. (BBD) is at 62.56. The Bank offers a range of banking and financial products and services in Brazil and overseas to individuals, large, mid-sized and small companies, and local and global corporations and institutions.

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