Somewhat Negative Press Coverage Somewhat Unlikely to Affect Credicorp (BAP) Stock Price
Press coverage about Credicorp (NYSE:BAP) has been trending somewhat negative this week, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Credicorp earned a news sentiment score of -0.05 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 45.4173148315538 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
BAP has been the subject of several research analyst reports. HSBC cut shares of Credicorp from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. ValuEngine cut shares of Credicorp from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Citigroup cut shares of Credicorp from a “buy” rating to a “neutral” rating in a research report on Friday, September 29th. Zacks Investment Research cut shares of Credicorp from a “buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Finally, Bank of America cut shares of Credicorp from a “buy” rating to a “neutral” rating in a research report on Monday, September 18th. Seven investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $225.50.
Credicorp (NYSE:BAP) traded up $2.69 on Monday, reaching $222.88. 188,800 shares of the company’s stock were exchanged, compared to its average volume of 193,311. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.04. Credicorp has a 12-month low of $150.71 and a 12-month high of $224.36. The firm has a market cap of $17,770.00, a price-to-earnings ratio of 14.53, a PEG ratio of 1.12 and a beta of 0.86.
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Credicorp Company Profile
Credicorp Ltd. is a financial services holding company in Peru. The Company has four operating segments based on its products and services, which include banking, insurance, pension funds and investment banking. Its operating subsidiaries include Banco de Credito del Peru; Atlantic Security Bank, which it holds through Atlantic Security Holding Corporation; El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros (Grupo Pacifico); Prima AFP SA, and Credicorp Capital Ltd.
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