Banco Comercial Portugues S.A. Unsponsored ADR (OTCMKTS:BPCGY – Get Free Report)’s stock price traded up 5.3% during trading on Wednesday after The Goldman Sachs Group upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $13.80 and last traded at $13.80. 266 shares changed hands during trading, a decline of 83% from the average daily volume of 1,600 shares. The stock had previously closed at $13.11.
Separately, Zacks Research upgraded Banco Comercial Portugues from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 9th. Two equities research analysts have rated the stock with a Strong Buy rating. According to MarketBeat, Banco Comercial Portugues presently has a consensus rating of “Strong Buy”.
View Our Latest Report on Banco Comercial Portugues
Banco Comercial Portugues Trading Up 5.7%
The company has a 50 day simple moving average of $13.63 and a 200 day simple moving average of $12.08. The stock has a market capitalization of $21.60 billion, a PE ratio of 16.04 and a beta of 0.39.
Banco Comercial Portugues Company Profile
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.
Recommended Stories
- Five stocks we like better than Banco Comercial Portugues
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
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.
