Banco Bradesco SA (NYSE:BBD) gets downgraded to Underperform by Scotiabank

ME Staff
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Analyst Ratings For Banco Bradesco SA (NYSE:BBD)

Today, Banco Bradesco SA (NYSE:BBD) stock was downgraded by Scotiabank from Sector Perform to Underperform.

There are 2 Sell Ratings, 2 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Banco Bradesco SA (NYSE:BBD) is Hold with a consensus target price of N/A per share, a potential N/A.

Some recent analyst ratings include

  • 2/26/2019-Banco Bradesco SA (NYSE:BBD) gets downgraded to Underperform by Scotiabank
  • 12/11/2018-Banco Bradesco SA (NYSE:BBD) gets downgraded to Reduce by HSBC
  • 11/9/2018-Banco Bradesco SA (NYSE:BBD) gets upgraded to Equal Weight by Morgan Stanley
  • 7/20/2018-Banco Bradesco SA (NYSE:BBD) gets upgraded to Buy by Santander
  • 5/21/2018-Banco Bradesco SA (NYSE:BBD) had its Buy rating reiterated by Bank of America
  • 1/22/2018-Banco Bradesco SA (NYSE:BBD) gets upgraded to Overweight by JPMorgan Chase & Co.
  • 1/18/2018-Banco Bradesco SA (NYSE:BBD) gets upgraded to Buy by Citigroup

    About Banco Bradesco SA (NYSE:BBD)
    Banco Bradesco S.A. provides banking and financial products and services to individuals, enterprises, and corporations and institutions. It operates through two segments, Banking; and Insurance, Pension Plans and Capitalization Bond. The company accepts checking and savings accounts, time deposits, interbank deposits from financial institutions, and accounts for salary purposes. Its loan products include personal and payroll-deductible, vehicle financing, and overdraft loans; housing loans; government-funded long-term loans; short-term loans, working capital loans, guaranteed checking accounts and corporate overdraft loans, financing for purchase and sale of goods and services, and investment lines for acquisition of assets and machinery, as well as discounting trade receivables, promissory notes, checks, credit card and supplier receivables, etc.; rural credit; and import and export financing. The company also offers credit cards; cash management solutions; services related to capital markets and investment banking activities, including project finance, mergers and acquisitions, structured operations, fixed income, and variable income; and life and personal accident, health, automobile, property/casualty, and liability insurance products; reinsurance products; pension plans; and capitalization bonds. In addition, it provides public authority, leasing, asset management and administration, intermediation and trading, international banking, foreign exchange, consortia, automatic teller machines, telephone, and Internet Banking services. The company operates through a network of 4,749 branches; 4,827 service centers and electronic in-company service centers; 35,590 active ATMs; 21,259 ATMs under the Banco24Horas brand; and 3 branches internationally. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.

    Recent Trading Activity for Banco Bradesco SA (NYSE:BBD)
    Shares of Banco Bradesco SA closed the previous trading session at 11,76 −0,10 0,88 % with 11.72 shares trading hands.