Somewhat Favorable News Coverage Somewhat Unlikely to Impact Banco Bradesco SA (NYSE:BBD) Stock Price
News articles about Banco Bradesco SA (NYSE:BBD) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Banco Bradesco SA earned a news impact score of 0.16 on Accern’s scale. Accern also gave headlines about the bank an impact score of 46.78964156388 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment’s rankings:
- Should You Sell Banco Bradesco (BBD) Before Earnings? (finance.yahoo.com)
- Banco Bradesco SA (BBD) Shares Bought by Daiwa Securities Group Inc (lazeresportes.com)
- Banco Bradesco SA (NYSE:BBDO) Declares Special Dividend of $0.01 (expressnewsline.com)
- Banco Bradesco SA (BBD) Raised to “Strong-Buy” at BidaskClub (footballhebdo.com)
- Banco Bradesco SA (NYSE:BBD) Given Average Rating of “Buy” by Analysts (americanbankingnews.com)
Shares of Banco Bradesco SA (NYSE BBD) traded down 1.08% on Wednesday, hitting $10.04. The company’s stock had a trading volume of 7,515,562 shares. Banco Bradesco SA has a 52 week low of $7.15 and a 52 week high of $10.37. The stock’s 50 day moving average is $8.77 and its 200-day moving average is $9.14. The company has a market cap of $61.09 billion, a price-to-earnings ratio of 10.69 and a beta of 1.78.
The business also recently announced a special dividend, which will be paid on Friday, September 8th. Shareholders of record on Friday, August 4th will be paid a dividend of $0.0058 per share. This represents a dividend yield of 7.47%. The ex-dividend date is Wednesday, August 2nd. Banco Bradesco SA’s dividend payout ratio (DPR) is currently 7.95%.
BBD has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Banco Bradesco SA from a “buy” rating to a “hold” rating in a research note on Friday, May 5th. BidaskClub lowered Banco Bradesco SA from a “buy” rating to a “hold” rating in a research note on Friday, June 23rd. ValuEngine raised Banco Bradesco SA from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Finally, Scotiabank raised Banco Bradesco SA from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, June 28th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Banco Bradesco SA presently has an average rating of “Buy” and a consensus target price of $10.65.
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About Banco Bradesco SA
Banco Bradesco SA is a commercial bank. The Bank offers a range of banking and financial products and services in Brazil and abroad to individuals, large, mid-sized and small companies, and local and international corporations and institutions. Its segments include Financial; Insurance and Capitalization bonds; Pension plans, and Other Activities.
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