Banco Comercial Portugues (OTCMKTS:BPCGY) Shares Gap Up – Still a Buy?

Banco Comercial Portugues S.A. Unsponsored ADR (OTCMKTS:BPCGY – Get Free Report) gapped up before the market opened on Monday. The stock had previously closed at $13.0575, but opened at $13.51. Banco Comercial Portugues shares last traded at $13.1250, with a volume of 419 shares traded.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on BPCGY shares. The Goldman Sachs Group cut shares of Banco Comercial Portugues from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 8th. Zacks Research upgraded Banco Comercial Portugues from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Banco Comercial Portugues presently has a consensus rating of “Buy”.

Get Banco Comercial Portugues alerts:

Get Our Latest Stock Report on Banco Comercial Portugues

Banco Comercial Portugues Stock Up 0.4%

The stock has a market cap of $19.42 billion, a price-to-earnings ratio of 14.41 and a beta of 0.39. The company has a 50 day simple moving average of $13.53 and a 200 day simple moving average of $11.96.

Banco Comercial Portugues Company Profile

(Get Free Report)

Banco Comercial Português, SA, operating under the Millennium bcp brand, is a Portuguese banking group headquartered in Porto, Portugal. Founded in 1985, it has grown into one of Portugal’s leading private-sector financial institutions and is listed on Euronext Lisbon. The group provides banking and financial services to individuals, businesses, institutions and corporate clients.

Its principal activities include retail and commercial banking, consumer finance, mortgages, business lending, payments, deposits, investment banking, private banking and asset management.

Featured Articles

• Five stocks we like better than Banco Comercial Portugues
• OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors
• China Still Dominates Rare Earths—These 3 U.S. Companies Could Benefit
• 3 REITs That May Win in a Higher Interest Rate Environment
• Broadcom’s Anthropic Bet Gets Bigger as $60 Billion Financing Raises the Stakes

Receive News & Ratings for Banco Comercial Portugues Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Comercial Portugues and related companies with MarketBeat.com's FREE daily email newsletter.