Research Report For Banco Bradesco SA (BBD)

Ivan Schwartz
July 11, 2017

Analysts expect Banco Bradesco SA (ADR) (NYSE:BBD) to report $0.22 EPS on July, 27.They anticipate $0.03 EPS change or 15.79% from last quarter's $0.19 EPS. The stock now has a average recommendation of "Buy" and an average price target of $10.65.

Several other equities research analysts also recently weighed in on BBD. Zacks Investment Research lowered Banco Bradesco SA from a buy rating to a hold rating in a research report on Friday, May 5th. Scotiabank raised shares of Banco Bradesco SA from a "sector perform" rating to an "outperform" rating in a research report on Wednesday, June 28th. Previously Banco Bradesco Sa (NYSE:BBD) reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.02 with surprise factor of 9.1%. If you are reading this piece on another domain, it was copied illegally and reposted in violation of United States & worldwide copyright and trademark laws. If you are accessing this news story on another website, it was stolen and reposted in violation of USA & worldwide trademark and copyright legislation. The legal version of this report can be accessed at The Bank offers a range of banking and financial services and products in Brazil and overseas to individuals, large, mid-sized and small companies, and local and global firms and institutions. Finally, Comerica Bank increased its stake in Banco Bradesco SA by 12.5% in the fourth quarter. USA Financial Portformulas Corp now owns 134,276 shares of the bank's stock worth $1,170,000 after buying an additional 14,149 shares during the period. Federated Investors Inc. PA raised its stake in shares of Banco Bradesco SA by 50.5% in the fourth quarter. US Bancorp DE now owns 10,993 shares of the bank's stock valued at $113,000 after buying an additional 468 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Banco Bradesco SA by 35.2% in the fourth quarter. Two Sigma Securities LLC bought a new stake in Banco Bradesco SA during the first quarter valued at $635,000. Charlemagne Capital Ltd. now owns 1,576,225 shares of the bank's stock worth $13,705,000 after buying an additional 68,500 shares in the last quarter. Finally, United Capital Financial Advisers LLC purchased a new stake in shares of Banco Bradesco SA during the fourth quarter worth about $129,000. "9" Analysts notified the investors of the company to "Hold" stock.

In Monday trading Banco Bradesco S.A. (BBD) stock is attractive participant of Wall Street Market. 3,807,248 shares of the stock traded hands.

Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is 5.56% and standing -0.77% away from 50-Day Simple Moving Average while traded down -0.21% from 200-Day Simple Moving Average. Banco Bradesco SA has a 1-year low of $7.09 and a 1-year high of $10.37. The stock's market capitalization is 51.72B, it has a 52-week low of 7.09 and a 52-week high of 10.37. Analysts forecast that Banco Bradesco SA will post $0.92 earnings per share for the current year.

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The firm also recently disclosed a special dividend, which will be paid on Monday, July 24th. Vantage Invest Advsrs Limited Com owns 0.01% invested in Mylan N.V. (NASDAQ:MYL) for 712 shares. The ex-dividend date is Mon, Jul 3rd.

Banco Bradesco S.A. (NYSE:BBDO) Foreign Regional Banks shows a Dividend Yield of 0.84% with a Payout Ratio of *TBA. Banco Bradesco SA's dividend payout ratio is now 76.87%.

Banco Bradesco a commercial bank. It offers banking services, including deposit-taking activities, individual and corporate banking services, credit and debit cards, leasing operations, investment banking, asset management, consortium services and others.

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