Credicorp Ltd (BAP) Shares on the Rise: Short-term Analysis

Credicorp Ltd [BAP] stock is trading at $216.90, up 1.14%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BAP shares have gain 4.44% over the last week, with a monthly amount glided 7.80%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Credicorp Ltd [NYSE: BAP] stock has seen the most recent analyst activity on December 16, 2024, when BofA Securities downgraded its rating to a Neutral. Previously, JP Morgan upgraded its rating to Overweight on December 15, 2023, and elevated its price target to $190. On October 16, 2023, Jefferies initiated with a Buy rating and assigned a price target of $161.20 on the stock. Scotiabank upgraded its rating to a Sector Outperform but stick to its price target of $207 on July 07, 2023. Itau BBA upgraded its rating to a Outperform but $156 remained the price target by the analyst firm on January 03, 2023. In a note dated October 04, 2022, Citigroup upgraded an Buy rating on this stock and boosted its target price from $128.05 to $161.

Credicorp Ltd [BAP] stock has fluctuated between $150.78 and $215.67 over the past year. Currently, Wall Street analysts expect the stock to reach $186.5 within the next 12 months. Credicorp Ltd [NYSE: BAP] shares were valued at $216.90 at the most recent close of the market. An investor can expect a potential drop of -14.02% based on the average BAP price forecast.

Analyzing the BAP fundamentals

Credicorp Ltd [NYSE:BAP] reported sales of 7.26B for the trailing twelve months, which represents a growth of 3.13%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.33%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.16 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.83.

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 214.15 points at the first support level, and at 211.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 218.51, and for the 2nd resistance point, it is at 220.11.

Ratios To Look Out For

For context, Credicorp Ltd’s Current Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 2.37, the price to book ratio is 1.76 and price to earnings (TTM) ratio is 11.18.

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