Banco Bradesco S.A. ADR [BBD] stock prices are up 3.55% to $2.04 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BBD shares have gain 1.49% over the last week, with a monthly amount drifted -3.49%, and not 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 February 12, 2025, when Goldman downgraded its rating to a Sell and also revised its price target to $2 from $2.40. Previously, HSBC Securities upgraded its rating to Buy on January 13, 2025, and kept the price target unchanged to $2.80. On November 25, 2024, downgrade downgraded it’s rating to Neutral. Goldman upgraded its rating to a Buy and increased its price target to $3.20 on August 19, 2024. Goldman upgraded its rating to a Neutral. Jefferies downgraded its rating to Hold for this stock on February 09, 2024. In a note dated January 09, 2024, Goldman downgraded an Sell rating on this stock.
The stock price of Banco Bradesco S.A. ADR [BBD] has been fluctuating between $1.79 and $2.87 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 $2.04 at the most recent close of the market. An investor can expect a potential return of 56.86% based on the average BBD price forecast.
Analyzing the BBD fundamentals
The Banco Bradesco S.A. ADR [NYSE:BBD] reported sales of 56.03B for trailing twelve months, representing a drop of -8.67%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.34.
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 2.0000 points at the first support level, and at 1.9500 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.0700, and for the 2nd resistance point, it is at 2.0900.
Ratios To Look Out For
It’s worth pointing out that Banco Bradesco S.A. ADR [NYSE:BBD]’s Current Ratio is 0.39. Considering the valuation of this stock, the price to sales ratio is 0.19, the price to book ratio is 0.79 and price to earnings (TTM) ratio is 6.74.
