BB Seguridade Participacoes SA (OTCMKTS:BBSEY – Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $8.15, but opened at $7.70. BB Seguridade Participacoes shares last traded at $7.8923, with a volume of 12,090 shares changing hands.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on BBSEY shares. Itau BBA Securities upgraded shares of BB Seguridade Participacoes from an “underperform” rating to a “market perform” rating in a report on Tuesday, June 16th. Zacks Research raised shares of BB Seguridade Participacoes from a “strong sell” rating to a “hold” rating in a research report on Monday, August 17th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, BB Seguridade Participacoes currently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on BBSEY
BB Seguridade Participacoes Stock Down 2.7%
BB Seguridade Participacoes (OTCMKTS:BBSEY – Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.21 by $0.04. BB Seguridade Participacoes had a return on equity of 78.75% and a net margin of 87.94%.The firm had revenue of $508.16 million during the quarter, compared to analyst estimates of $489.08 million. Equities research analysts anticipate that BB Seguridade Participacoes SA will post 0.87 earnings per share for the current fiscal year.
About BB Seguridade Participacoes
BB Seguridade Participações SA is a leading Brazilian insurance and pension holding company, primarily focused on the design, underwriting and distribution of risk protection and retirement solutions. As a publicly traded subsidiary of Banco do Brasil, BB Seguridade operates through a network of specialized businesses that serve both individual and institutional clients across Brazil.
The company’s main offerings are delivered via its core subsidiaries: Brasilprev (private pension and savings plans), BB Mapfre (property & casualty insurance), Brasilveículos (auto warranty and mechanical protection), Brasilcap (surety bonds) and BB Seguros (life, rural and personal accident insurance).
Recommended Stories
- Five stocks we like better than BB Seguridade Participacoes
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
- Analysts See Major Upside for This Top-10 Performing S&P 500 Stock
- Cook Out, Silicon In: Will Ternus Trigger Apple’s Edge AI Boom?
Receive News & Ratings for BB Seguridade Participacoes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BB Seguridade Participacoes and related companies with MarketBeat.com's FREE daily email newsletter.
