Banco Bradesco SA (BBD) Receiving Somewhat Favorable News Coverage, Accern Reports
Media coverage about Banco Bradesco SA (NYSE:BBD) has trended somewhat positive recently, according to Accern. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Banco Bradesco SA earned a news impact score of 0.20 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 47.1508898053468 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news stories that may have effected Accern’s analysis:
- Banco Bradesco SA (BBDO) Lifted to Strong-Buy at ValuEngine (famososartistas.com)
- Banco Bradesco Sa American Depo (BBD) Hits a 52-Week High (highlightpress.com)
- Seafarer Capital Partners LLC Acquires 2750000 Shares of Banco Bradesco SA (BBD) (vothemes.com)
- Banco Bradesco SA (BBD)- Prime Gamechangers Stocks For The Day (currenthollywood.com)
- Banco Bradesco SA (BBD) Shares Bought by Candriam Luxembourg SCA (newstrendstoday.com)
A number of equities analysts recently commented on BBD shares. Scotiabank upgraded Banco Bradesco SA from a “sector perform” rating to an “outperform” rating in a report on Wednesday, June 28th. BidaskClub upgraded Banco Bradesco SA from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 5th. ValuEngine upgraded Banco Bradesco SA from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Finally, Zacks Investment Research downgraded Banco Bradesco SA from a “buy” rating to a “hold” rating in a report on Friday, May 5th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Banco Bradesco SA presently has an average rating of “Buy” and an average price target of $10.65.
Shares of Banco Bradesco SA (BBD) traded up 3.49% during midday trading on Friday, reaching $10.39. The company had a trading volume of 9,295,657 shares. The stock has a market capitalization of $63.22 billion, a price-to-earnings ratio of 11.33 and a beta of 1.78. The firm’s 50 day moving average price is $9.48 and its 200-day moving average price is $9.22. Banco Bradesco SA has a 1-year low of $7.15 and a 1-year high of $10.40.
The business also recently declared a special dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 4th will be given a $0.0058 dividend. This represents a dividend yield of 7.47%. The ex-dividend date of this dividend is Wednesday, August 2nd. Banco Bradesco SA’s payout ratio is 7.86%.
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Banco Bradesco SA Company Profile
Banco Bradesco SA is a commercial bank. The Bank offers a range of banking and financial products and services in Brazil and abroad to individuals, large, mid-sized and small companies, and local and international corporations and institutions. Its segments include Financial; Insurance and Capitalization bonds; Pension plans, and Other Activities.
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