The leading market experts have placed a mean price target of $6.930 on Banco Bradesco Sa (NYSE:BBD) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.210 a share for the upcoming quarter and $0.860 for the current fiscal.
The technical analysis of Banco Bradesco Sa American Depo plainly substantiates that the 50-day moving average of Banco Bradesco Sa American Depo is $8.686, and stock is trading $0.049 points away or +0.560% from its 50-day moving average of $8.686. Further it is trading $1.591 or +22.269% away its 200-day moving average of $7.144. Banco Bradesco Sa (NYSE:BBD) 52-week high is $9.300 and the 52-week low is $3.645.
This explains if the stock moves $-0.565, it will post a 52-week high. In event of +139.614% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Banco Bradesco Sa American Depo, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Banco Bradesco Sa (NYSE:BBD) ratio came in at 8.744.
The stock last ended the trading session at $8.735 and registered a market cap of $48.32B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Banco Bradesco Sa (NYSE:BBD) PEG ratio is at 1.620.
1 Chart Pattern Every Investor Should Know
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