Banco Bradesco S.A. ADR [NYSE: BBD] slipped around -0.02 points on Friday, while shares priced at $1.90 at the close of the session, down -1.04%.
Compared to the average trading volume of 33.10M shares, BBD reached a trading volume of 13008681 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Banco Bradesco S.A. ADR [BBD]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BBD shares is $4.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BBD stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Banco Bradesco S.A. ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 25, 2024. While these analysts kept the previous recommendation, Goldman raised their target price from $2.50 to $3.20. The new note on the price target was released on August 19, 2024, representing the official price target for Banco Bradesco S.A. ADR stock.
The Average True Range (ATR) for Banco Bradesco S.A. ADR is set at 0.07, with the Price to Sales ratio for BBD stock in the period of the last 12 months amounting to 0.18. The Price to Book ratio for the last quarter was 0.66. Price to Free Cash Flow for BBD in the course of the last twelve months was 0.32.
How has BBD stock performed recently?
Banco Bradesco S.A. ADR [BBD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.66. With this latest performance, BBD shares dropped by -17.77% in over the last four-week period, additionally sinking by -12.62% over the last 6 months – not to mention a drop of -42.69% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BBD stock in for the last two-week period is set at 36.92, with the RSI for the last a single of trading hit 34.63, and the three-weeks RSI is set at 33.81 for Banco Bradesco S.A. ADR [BBD]. The present Moving Average for the last 50 days of trading for this stock 2.2766, while it was recorded at 1.9160 for the last single week of trading, and 2.5213 for the last 200 days.
Banco Bradesco S.A. ADR [BBD]: Deeper insight into the fundamentals
Banco Bradesco S.A. ADR’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.41.
Earnings analysis for Banco Bradesco S.A. ADR [BBD]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BBD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Banco Bradesco S.A. ADR go to 25.80%.
Insider trade positions for Banco Bradesco S.A. ADR [BBD]
The top three institutional holders of BBD stocks are: BLACKROCK INC. with ownership of 73.39 million shares, which is approximately 0.691%. SPRUCEGROVE INVESTMENT MANAGEMENT LTD, holding 72.74 million shares of the stock with an approximate value of $$162.94 million in BBD stocks shares; and SPRUCEGROVE INVESTMENT MANAGEMENT LTD, currently with $$142.47 million in BBD stock with ownership which is approximately 0.5989%.