Bancolombia SA (ADR) (NYSE:CIB) gets upgraded to Neutral by Citigroup

Analyst Ratings For Bancolombia SA (ADR) (NYSE:CIB)

Today, Bancolombia SA (ADR) (NYSE:CIB) stock received an upgrade by Citigroup from Sell to Neutral.

There are 7 Hold Ratings, no Strong Buy Ratings, no Sell Ratings, no Buy Ratings on the stock.

The current consensus rating on Bancolombia SA (ADR) (NYSE:CIB) is Hold with a consensus target price of $43.00 per share, a potential 3.44% downside.

Some recent analyst ratings include

  • 8/27/2018-Bancolombia SA (ADR) (NYSE:CIB) gets upgraded to Neutral by Citigroup
  • 6/13/2018-Bancolombia SA (ADR) (NYSE:CIB) gets upgraded to Neutral by Bank of America
  • 4/19/2018-Bancolombia SA (ADR) (NYSE:CIB) gets upgraded to Hold by Santander
  • 3/7/2018-Bancolombia SA (ADR) (NYSE:CIB) gets upgraded to Accumulate by Standpoint Research
  • 2/12/2018-Bancolombia SA (ADR) (NYSE:CIB) gets upgraded to Hold by UBS Group
  • 10/27/2017-Bancolombia SA (ADR) (NYSE:CIB) gets downgraded to Hold by Deutsche Bank with a price target of $45.00


    About Bancolombia SA (ADR) (NYSE:CIB)
    Bancolombia S.A. provides various banking products and services to individual, corporate, and government customers in Colombia, Latin America, and the Caribbean region. The company operates in nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, Off Shore, and All Other. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, overdrafts, and financing for industrial projects; mortgage banking and factoring services; and financial and operating leasing services. The company also provides capital market products, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services, including selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency transaction services; and life, auto, commercial, and homeowner's insurance products. Further, the company provides investment banking services comprising project and acquisition finance, debt and equity capital markets, principal investments, merger and acquisition, restructurings, and structured corporate lending; trust and asset management services, such as money market accounts, mutual and pension funds, private equity funds, payment trust, custody, and corporate trust; digital banking and revolving credit facility services. Additionally, it is involved in transportation, real estate brokerage, maintenance and remodeling, advertising and marketing, and outsourcing activities. The company operates 1,153 branches, 10,349 banking correspondents, and 590 mobile service spots; 227 kiosks; and 5,630 automatic teller machines. Bancolombia S.A. was founded in 1945 and is headquartered in Medellín, Colombia.

    Recent Trading Activity for Bancolombia SA (ADR) (NYSE:CIB)
    Shares of Bancolombia SA (ADR) closed the previous trading session at 44,53 +0,91 2,09 % with 44.73 shares trading hands.

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