Credicorp Ltd. (NYSE:BAP – Get Free Report) has been assigned an average rating of “Moderate Buy” from the seven analysts that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $431.80.
Several brokerages recently issued reports on BAP. Morgan Stanley raised shares of Credicorp from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $375.00 to $480.00 in a report on Wednesday, June 17th. Weiss Ratings lowered shares of Credicorp from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday. UBS Group boosted their target price on shares of Credicorp from $412.00 to $473.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. The Goldman Sachs Group upped their price target on shares of Credicorp from $329.00 to $374.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. Finally, JPMorgan Chase & Co. upgraded Credicorp from a “neutral” rating to an “overweight” rating and increased their price target for the company from $453.00 to $482.00 in a research note on Wednesday, September 16th.
View Our Latest Stock Analysis on BAP
Hedge Funds Weigh In On Credicorp
Credicorp Stock Performance
Credicorp stock opened at $384.76 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.38. The stock has a market cap of $36.31 billion, a PE ratio of 14.26, a P/E/G ratio of 0.75 and a beta of 0.88. Credicorp has a 12-month low of $230.45 and a 12-month high of $413.24. The business’s 50-day moving average price is $382.52 and its two-hundred day moving average price is $360.61.
Credicorp Company Profile
Credicorp Ltd. (NYSE: BAP) is a financial services holding company based in Peru. Through its subsidiaries, the company provides banking, insurance, investment management, pension administration and investment banking services to individuals, businesses and institutional clients.
Its principal businesses include Banco de Crédito del Perú, one of Peru’s leading banks; Mibanco, which focuses on microfinance and small-business lending; Pacífico Seguros, an insurance provider; Prima AFP, which manages private pension accounts; and Credicorp Capital, which offers investment banking, asset management, brokerage and related capital-markets services.
Credicorp’s operations are centered primarily in Peru, with selected investment banking and capital-markets activities serving clients elsewhere in the Latin American region.
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