Shares of Credicorp Ltd. (NYSE:BAP) have earned a consensus rating of “Buy” from the six analysts that are currently covering the stock. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $178.33.

Several equities analysts have recently weighed in on BAP shares. JPMorgan Chase & Co. raised their price target on shares of Credicorp from $166.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, August 11th. Zacks Investment Research downgraded Credicorp from a “buy” rating to a “hold” rating in a report on Wednesday, August 10th. Finally, Credit Suisse Group AG reaffirmed a “buy” rating and set a $154.00 price target on shares of Credicorp in a report on Tuesday, August 9th.

A number of hedge funds and other institutional investors have recently bought and sold shares of BAP. BlueMountain Capital Management LLC boosted its position in shares of Credicorp by 515.5% in the first quarter. BlueMountain Capital Management LLC now owns 2,813 shares of the company’s stock worth $369,000 after buying an additional 2,356 shares during the last quarter. TT International boosted its position in shares of Credicorp by 39.9% in the second quarter. TT International now owns 4,418 shares of the company’s stock worth $681,000 after buying an additional 1,259 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of Credicorp by 5.0% in the second quarter. Fisher Asset Management LLC now owns 1,288,171 shares of the company’s stock worth $203,003,000 after buying an additional 61,509 shares during the last quarter. Genesis Asset Managers LLP boosted its position in shares of Credicorp by 9.2% in the second quarter. Genesis Asset Managers LLP now owns 2,329,254 shares of the company’s stock worth $359,474,000 after buying an additional 196,400 shares during the last quarter. Finally, Sarasin & Partners LLP boosted its position in shares of Credicorp by 0.6% in the second quarter. Sarasin & Partners LLP now owns 260,289 shares of the company’s stock worth $40,170,000 after buying an additional 1,481 shares during the last quarter. Hedge funds and other institutional investors own 65.40% of the company’s stock.

Shares of Credicorp (NYSE:BAP) traded up 0.49% during trading on Tuesday, reaching $151.08. 130,685 shares of the company were exchanged. The company has a 50 day moving average price of $150.89 and a 200-day moving average price of $152.72. The stock’s market capitalization is $12.02 billion. Credicorp has a one year low of $84.72 and a one year high of $166.26.

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.

5 Day Chart for NYSE:BAP

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