Wall Street is positive on Banco Bradesco ADR Reptg 1 Pref Shs (BBD). On average, analysts give the stock a Strong Buy rating. The average price target is $5.953, which means analysts expect the stock to increase by 54.22% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 60, which is better than 60% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating BBD a Strong Buy today. Find out what this means to you and get the rest of the rankings on BBD!
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
Banco Bradesco ADR Reptg 1 Pref Shs (BBD) stock is trading at $3.86 as of 10:55 AM on Wednesday, Sep 29, a gain of $0.12, or 3.24% from the previous closing price of $3.74. The stock has traded between $3.76 and $3.89 so far today. Volume today is light. So far 9,741,926 shares have traded compared to average volume of 31,272,907 shares.
Click Here to get the full Stock Report for Banco Bradesco ADR Reptg 1 Pref Shs stock.
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