Santander upgraded shares of Banco De Chile (NYSE:BCH) from a hold rating to a buy rating in a research report released on Thursday morning, The Fly reports.

BCH has been the topic of several other research reports. ValuEngine upgraded shares of Banco De Chile from a hold rating to a buy rating in a research note on Friday, September 1st. Zacks Investment Research upgraded shares of Banco De Chile from a hold rating to a buy rating and set a $87.00 price target on the stock in a research note on Friday, June 2nd. BidaskClub lowered shares of Banco De Chile from a strong-buy rating to a buy rating in a research note on Tuesday, July 25th. Finally, J P Morgan Chase & Co lowered shares of Banco De Chile from an overweight rating to a neutral rating and set a $92.00 price target on the stock. in a research note on Wednesday, September 6th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of Buy and an average price target of $88.67.

Shares of Banco De Chile (NYSE BCH) opened at 92.99 on Thursday. The company’s 50-day moving average is $87.31 and its 200-day moving average is $79.41. Banco De Chile has a 12 month low of $65.75 and a 12 month high of $93.66. The stock has a market capitalization of $15.53 billion, a PE ratio of 17.22 and a beta of 0.40.

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Large investors have recently bought and sold shares of the stock. Summit Global Investments grew its stake in Banco De Chile by 17.2% in the 2nd quarter. Summit Global Investments now owns 8,160 shares of the bank’s stock valued at $636,000 after buying an additional 1,200 shares during the last quarter. Schwab Charles Investment Management Inc. grew its stake in Banco De Chile by 16.7% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 32,299 shares of the bank’s stock valued at $2,331,000 after buying an additional 4,628 shares during the last quarter. Two Sigma Securities LLC acquired a new position in Banco De Chile in the 1st quarter valued at $235,000. Parallel Advisors LLC grew its stake in Banco De Chile by 3.4% in the 1st quarter. Parallel Advisors LLC now owns 1,839 shares of the bank’s stock valued at $135,000 after buying an additional 60 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in Banco De Chile by 11.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 156,725 shares of the bank’s stock valued at $11,309,000 after buying an additional 15,823 shares during the last quarter. Institutional investors and hedge funds own 1.54% of the company’s stock.

Banco De Chile Company Profile

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