Are Analysts Bullish Banco Bradesco SA (ADR) (NYSE:BBD) After Last Week?

Press coverage about Banco Bradesco SA (NYSE:BBDO) has trended negative this week, according to AlphaOne Sentiment Analysis.

Yet another important factor while evaluating a good buy/sell decision for Banco Bradesco S.A. (BBD) is its Earnings per Share or EPS. The business is scheduled to issue its next quarterly earnings results on Thursday, July 27th. The bank reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.03. The firm exchanged a volume of 12.43 million shares at hands.

10/13/2015 - Banco Bradesco Sa was downgraded to "underperform" by analysts at Credit Suisse. Scotiabank upgraded Banco Bradesco SA from an underperform rating to a sector perform rating in a research note on Tuesday, April 11th. The firm had revenue of $13.25 billion for the quarter.

Several research firms recently issued reports on BBD.

Currently, EPS of Banco Bradesco S.A. (BBD) is 0.24 while the analysts predicted the EPS of the stock to be 0.22 suggesting the company fell short of the analysts' expectations. As per Wednesday, April 12, the company rating was upgraded by Scotia Capital. Comerica Bank now owns 159,389 shares of the bank's stock valued at $1,535,000 after buying an additional 17,746 shares during the period. Banco Bradesco S.A. (BBD) shares have been seen trading -23.05% off its 52 week- peak value and changed 38.03% from its 52 week-bottom price value.

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Banco Bradesco Sa (NYSE:BBD) has average revenue estimates of $8.38 Billion, compared to low analyst estimates of $8.26 Billion and high estimates of $8.49 Billion for the current quarter.

A number of large investors have recently modified their holdings of the company. Finally, Fiera Capital Corp purchased a new position in shares of Banco Bradesco SA during the fourth quarter worth approximately $101,000. World Asset Management Inc increased its stake in shares of Banco Bradesco SA by 8.1% in the third quarter. AlphaOne also gave news stories about the bank an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days.

The stock subtracted in the prior trading session by -2.68%, closing at the stock price of $7.98. The stock has "Buy" rating by Deutsche Bank on Monday, October 12. For the quarter, shares have been noted at -14.34%. Institutional investors and hedge funds own 2.70% of the company's stock.

Banco Bradesco S.A. (BBD) belongs to the "Financial" sector with an industry focus on "Foreign Regional Banks", with Mr. Luiz Carlos Trabuco Cappi as Vice-Chairman, Chief Exec. Officer and Member of Board of Exec. Officers. About 9.28 million shares traded. The company has a 50-day moving average of $9.38 and a 200-day moving average of $8.88. Its low price was $8.71 and the highest price was $9.35. It has a market cap of $50.07 Billion.

07/28/2015 - Banco Bradesco Sa had its "overweight" rating reiterated by analysts at JP Morgan. They may also be used to assist the trader figure out proper support and resistance levels for the stock. The ex-dividend date of this dividend is Monday, July 3rd. This represents a dividend yield of 0.75%. Banco Bradesco SA's dividend payout ratio is presently 7.95%. For the next 5 years, Banco Bradesco S.A.is expecting Growth of 13.8% per annum, whereas in the past 5 years the growth was -0.72% per annum. The Bank offers a range of banking and financial services and products in Brazil and overseas to individuals, large, mid-sized and small companies, and local and worldwide firms and institutions. The company operates in two segments, Banking; and Insurance, Pension Plans and Capitalization Bond.