Banco Bradesco S.A. ADR [BBD] stock prices are up 1.00% to $2.02 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The BBD shares have gain 3.06% over the last week, with a monthly amount glided 7.50%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Banco Bradesco S.A. ADR [NYSE: BBD] stock has seen the most recent analyst activity on January 13, 2025, when HSBC Securities upgraded its rating to a Buy but kept the price target unchanged to $2.80 for it. Previously, JP Morgan downgraded its rating to Neutral on November 25, 2024. On August 19, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $3.20 on the stock. Goldman upgraded its rating to a Neutral. Jefferies downgraded its rating to a Hold. Goldman downgraded its rating to Sell for this stock on January 09, 2024. In a note dated January 08, 2024, HSBC Securities downgraded an Hold rating on this stock.
The stock price of Banco Bradesco S.A. ADR [BBD] has been fluctuating between $1.79 and $3.14 over the past year. Currently, Wall Street analysts expect the stock to reach $3.2 within the next 12 months. Banco Bradesco S.A. ADR [NYSE: BBD] shares were valued at $2.02 at the most recent close of the market. An investor can expect a potential return of 58.42% based on the average BBD price forecast.
Analyzing the BBD fundamentals
The Banco Bradesco S.A. ADR [NYSE:BBD] reported sales of 57.33B for trailing twelve months, representing a drop of -14.80%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.98 points at the first support level, and at 1.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.05, and for the 2nd resistance point, it is at 2.08.
Ratios To Look Out For
It’s worth pointing out that Banco Bradesco S.A. ADR [NYSE:BBD]’s Current Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 0.19, the price to book ratio is 0.70 and price to earnings (TTM) ratio is 7.68.
