Analyst Ratings for Banco Bradesco S/A Pref ADR (BBD)

Updated: 2017-07-28

Banco Bradesco S/A Pref ADR (NYSE:BBD) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for BBD last month.

6 analysts declared BBD a buy, 0 gave an overweight rating, 9 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for BBD by the analysts covering the stock. The most optimistic price target was 12.07, implying potential capital gains of 27.79 percent. The minimum price target given was 6.5, implying potential capital losses of -31.18 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.5 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.55 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.99 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

BBD has an estimated earnings growth rate of 17.09 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of BBD is 0.75.

BBD has a 52-week high of 10.37 and a 52-week low of 7.15. Today's price is 32.1 percent above the 52-week low, and 8.92 percent lower than its 52-week high. BBD has a P/E ratio of 12.81. Investors typically compare the P/E ratio to a company's peers in the industry. The BBD value stock report compares BBD to some of its peers using value stock charts. The market cap of BBD is $57.23 billion. BBD is estimated to release their earnings results for the quarter on 0000-00-00, days from today.