Other equities analysts have also issued research reports about the stock. UBS AG lowered shares of Credicorp from an outperform rating to a market perform rating in a research report on Tuesday, June 27th. BidaskClub raised shares of Credicorp from a hold rating to a buy rating in a research report on Saturday, June 17th. Zacks Investment Research lowered shares of Credicorp from a buy rating to a hold rating in a research report on Wednesday, June 21st. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a buy rating and set a $248.00 target price on shares of Credicorp in a research report on Monday, September 11th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of $217.00.
Credicorp (NYSE:BAP) opened at 211.65 on Monday. Credicorp has a 52-week low of $144.23 and a 52-week high of $213.83. The company’s market capitalization is $16.82 billion. The stock has a 50 day moving average of $200.65 and a 200-day moving average of $177.32.
COPYRIGHT VIOLATION WARNING: “Credicorp Ltd. (BAP) Lowered to Neutral at Bank of America Corporation” was reported by Chaffey Breeze and is the property of of Chaffey Breeze. If you are reading this story on another publication, it was stolen and republished in violation of international copyright legislation. The correct version of this story can be viewed at https://www.chaffeybreeze.com/2017/09/19/credicorp-ltd-bap-lowered-to-neutral-at-bank-of-america-corporation.html.
A number of institutional investors have recently made changes to their positions in the business. O Shaughnessy Asset Management LLC increased its holdings in Credicorp by 0.8% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,609 shares of the bank’s stock valued at $263,000 after buying an additional 13 shares during the period. Jennison Associates LLC increased its holdings in Credicorp by 0.8% in the 2nd quarter. Jennison Associates LLC now owns 3,424 shares of the bank’s stock valued at $614,000 after buying an additional 26 shares during the period. Commonwealth Bank of Australia increased its holdings in Credicorp by 0.3% in the 2nd quarter. Commonwealth Bank of Australia now owns 7,895 shares of the bank’s stock valued at $1,415,000 after buying an additional 27 shares during the period. Wetherby Asset Management Inc. increased its holdings in Credicorp by 2.7% in the 2nd quarter. Wetherby Asset Management Inc. now owns 2,012 shares of the bank’s stock valued at $361,000 after buying an additional 53 shares during the period. Finally, World Asset Management Inc increased its holdings in Credicorp by 2.1% in the 1st quarter. World Asset Management Inc now owns 4,952 shares of the bank’s stock valued at $809,000 after buying an additional 101 shares during the period. 66.43% of the stock is currently owned by hedge funds and other institutional investors.
Credicorp Company Profile
Credicorp Ltd. is a financial services holding company in Peru. The Company has four operating segments based on its products and services, which include banking, insurance, pension funds and investment banking. Its operating subsidiaries include Banco de Credito del Peru; Atlantic Security Bank, which it holds through Atlantic Security Holding Corporation; El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros (Grupo Pacifico); Prima AFP SA, and Credicorp Capital Ltd.
Receive News & Ratings for Credicorp Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credicorp Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.