Banco De Chile (NYSE:BCH – Get Free Report) has earned a consensus recommendation of “Reduce” from the five research firms that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and four have issued a hold rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $39.67.
BCH has been the topic of a number of research reports. Weiss Ratings downgraded shares of Banco De Chile from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday. JPMorgan Chase & Co. reduced their price target on shares of Banco De Chile from $45.00 to $44.00 and set a “neutral” rating for the company in a report on Tuesday, October 6th. Finally, Wall Street Zen raised shares of Banco De Chile from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th.
Check Out Our Latest Report on BCH
Institutional Trading of Banco De Chile
Banco De Chile Price Performance
Shares of NYSE:BCH opened at $39.14 on Wednesday. The firm has a market cap of $19.77 billion, a PE ratio of 14.82 and a beta of 0.20. The firm’s fifty day moving average is $41.08 and its 200-day moving average is $39.55. The company has a debt-to-equity ratio of 1.94, a quick ratio of 1.48 and a current ratio of 1.48. Banco De Chile has a 52 week low of $30.64 and a 52 week high of $46.77.
Banco De Chile (NYSE:BCH – Get Free Report) last announced its earnings results on Wednesday, July 1st. The bank reported $0.84 EPS for the quarter. Banco De Chile had a return on equity of 21.10% and a net margin of 31.01%. The business had revenue of $999.95 million for the quarter. Sell-side analysts predict that Banco De Chile will post 2.84 earnings per share for the current year.
About Banco De Chile
Banco de Chile is a Chilean financial institution headquartered in Santiago. Founded in 1893, it is one of the country’s largest and longest-established banks and serves individuals, businesses, corporations, and institutional clients throughout Chile.
The bank provides a broad range of financial products and services, including consumer and commercial loans, checking and savings accounts, credit and debit cards, mortgages, cash management, foreign exchange, and investment services. It also offers corporate and investment banking, treasury services, trade finance, and capital markets activities.
Banco de Chile serves customers through a nationwide network of branches and digital banking channels.
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