Banco Comercial Portugues (OTCMKTS:BPCGY) Shares Gap Up – Should You Buy?

Banco Comercial Portugues S.A. Unsponsored ADR (OTCMKTS:BPCGY – Get Free Report)’s share price gapped up prior to trading on Tuesday. The stock had previously closed at $12.9950, but opened at $13.70. Banco Comercial Portugues shares last traded at $13.70, with a volume of 1,300 shares traded.

Analyst Ratings Changes

BPCGY has been the subject of a number of analyst reports. The Goldman Sachs Group raised Banco Comercial Portugues from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 14th. Zacks Research raised Banco Comercial Portugues from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 9th. Two research analysts have rated the stock with a Strong Buy rating. According to data from MarketBeat.com, the company presently has an average rating of “Strong Buy”.

View Our Latest Report on BPCGY

Banco Comercial Portugues Price Performance

The company has a market cap of $20.28 billion, a P/E ratio of 15.05 and a beta of 0.39. The company’s 50-day moving average is $13.64 and its two-hundred day moving average is $12.14.

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, the bank provides financial services to individuals, small and medium-sized businesses, large companies, and institutional clients.

Its activities include retail and commercial banking, corporate and investment banking, private banking, consumer finance, mortgage lending, deposits, payment services, insurance distribution, asset management, and other wealth-management services.

Further Reading

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