Banco Do Brasil SA (OTCMKTS:BDORY – Get Free Report) passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $4.13 and traded as high as $4.22. Banco Do Brasil shares last traded at $4.17, with a volume of 180,953 shares trading hands.
Analysts Set New Price Targets
Separately, Zacks Research cut shares of Banco Do Brasil from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Sell”.
Get Our Latest Analysis on Banco Do Brasil
Banco Do Brasil Stock Up 4.9%
Banco Do Brasil Company Profile
Banco do Brasil SA is a Brazilian financial institution that provides banking and financial services to individuals, businesses, and government-related entities. Its offerings include checking and savings accounts, consumer and commercial lending, mortgages, credit and debit cards, payment solutions, foreign exchange, and digital banking services.
The bank also serves corporate and institutional customers through investment banking, treasury, capital markets, asset management, insurance, and pension products.
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