Analyst Revises Credicorp Ltd. (NYSE:BAP) Stock Target


Credicorp Ltd. (NYSE:BAP) mean price target is revealed at $170.15 by Thomson Reuters. The group followed the stock recommendations given by experts in the First Call poll. Also, it is possible that the firm may list per share earnings of $3.14 in the coming quarter and $12.30 for the ongoing fiscal. The market cap of Credicorp Ltd. Common Stock was $12.27B after the equity closed at $154.53 in last trading day.

What The Valuation Says?

The price/earnings ratio is listed in the group of ratios that are used for stock valuation. Commonly entitled as P/E ratio, it aids investors know where the firm positions in the market. It is a consequent when share’s latest price is divided by per-share earnings. Credicorp Ltd. (NYSE:BAP) has a P/E ratio of N/A. Investors can ascertain how the stock is doing in the industry by assessing Price-to-Earnings Growth ratio.

In common, a high P/E proposes that investors are predicting higher earnings surge in the future compared to firms with a lower P/E ratio. A low P/E can direct either that a firm may currently be underrated or that the firm is doing extremely well comparative to its past trends. When a firm has no earnings or is recording losses, in both circumstances P/E will be stated as “N/A.” Though it is likely to compute a negative P/E, it is not the common convention.

Credicorp Ltd. (NYSE:BAP) PEG ratio sits at 0.95. A low PEG ratio presents an investment opportunity to the resourceful traders and investors. The stocks with a reading in between 0 and 1 are undervalued equities. A reading of 1 and 2 denotes fairly priced stocks.

Technical Perspective

The technical study of Credicorp Ltd. Common Stock visibly elucidates that the 50-day MA of Credicorp Ltd. Common Stock is $159.80, and stock is trading $-5.64 points away or -3.53% from 50-day moving average of $159.80. It is trading $8.83 or +6.08% away 200-day moving average of $145.33. Credicorp Ltd. (NYSE:BAP) 52-week high is $166.26 and the 52-week low is $84.72. This represents that if the equity moves $-12.10 points upside on the chart, it will hit a 52-week high. On the other hand, if it plunges +81.96%, then the share price can log a new 52-week low.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 12 times, 1 visits today)