Do Analysts Expect Banco Bradesco SA (BBD) Stock to Rise After It Is Lower By -4.34% in a Month?

Wall Street is positive on Banco Bradesco SA (BBD). On average, analysts give Banco Bradesco SA a Buy rating. The average price target is $3.825, which means analysts expect the stock to add by 15.56% over the next twelve months. That average ranking earns Banco Bradesco SA an Analyst Rating of 18, which is better than 18% 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!

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Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Banco Bradesco SA Stock Today?

Banco Bradesco SA (BBD) stock is trading at $3.31 as of 9:55 AM on Tuesday, Feb 6, a gain of $0.17, or 5.59% from the previous closing price of $3.13. The stock has traded between $3.26 and $3.31 so far today. Volume today is low. So far 1,625,864 shares have traded compared to average volume of 14,747,392 shares. Click Here to get the full Stock Report for Banco Bradesco SA stock.