Banco Comercial Portugues (OTCMKTS:BPCGY) Stock Rating Upgraded by Zacks Research

Banco Comercial Portugues (OTCMKTS:BPCGY) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Thursday,Zacks.com reports.

Separately, The Goldman Sachs Group raised Banco Comercial Portugues from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 4th. Three analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Banco Comercial Portugues Trading Down 9.7%

OTCMKTS BPCGY opened at $10.78 on Thursday. The stock’s 50 day moving average is $10.34 and its two-hundred day moving average is $9.09. Banco Comercial Portugues has a 1-year low of $5.21 and a 1-year high of $11.93. The company has a market capitalization of $15.95 billion, a price-to-earnings ratio of 11.84 and a beta of 0.25.

Banco Comercial Portugues Company Profile

Banco Comercial Português SA, operating under the Millennium bcp brand, is the largest private banking institution in Portugal. Headquartered in Porto, it offers a broad range of universal banking services to retail, corporate and institutional clients. Core product lines include deposit accounts, consumer and mortgage lending, payment cards and digital banking platforms. The group also provides private banking and wealth management solutions through dedicated advisory centres.

In the corporate segment, Millennium bcp delivers a portfolio of services that spans trade finance, project and structured finance, treasury operations and cash management, alongside specialised lending and structured solutions.