Banco Bradesco SA (BBD) Stock: Do Analysts Think You Should Sell?

Analysts who follow Banco Bradesco SA (BBD) on average expect it to gain 29.62% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns the stock an Analyst Ranking of 33, which means it ranks higher than 33 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating BBD a Buy today. Find out what this means to you and get the rest of the rankings on BBD!

See Full BBD Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Banco Bradesco SA Stock Today?

Banco Bradesco SA (BBD) stock has gained 1.24% while the S&P 500 has fallen -0.64% as of 11:17 AM on Thursday, Oct 26. BBD is up $0.04 from the previous closing price of $2.83 on volume of 7,413,435 shares. Over the past year the S&P 500 has risen 8.60% while BBD has fallen -18.00%. BBD earned $0.34 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.48. Click Here to get the full Stock Report for Banco Bradesco SA stock.