Shares of Banco Comercial Portugues S.A. Unsponsored ADR (OTCMKTS:BPCGY – Get Free Report) saw unusually-high trading volume on Thursday. Approximately 4,772 shares were traded during mid-day trading, an increase of 206% from the previous session’s volume of 1,559 shares. The stock last traded at $14.5925 and had previously closed at $13.80.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on BPCGY. Zacks Research upgraded Banco Comercial Portugues from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 9th. The Goldman Sachs Group cut Banco Comercial Portugues from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy”.
View Our Latest Research Report on Banco Comercial Portugues
Banco Comercial Portugues Trading Up 5.7%
The stock’s fifty day moving average is $13.58 and its 200 day moving average is $12.04. The company has a market capitalization of $21.60 billion, a P/E 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.
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