Shares of Credicorp Ltd. (NYSE:BAP – Get Rating) have earned an average recommendation of “Hold” from the nine analysts that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $131.80.
BAP has been the subject of several recent research reports. StockNews.com started coverage on Credicorp in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Zacks Investment Research downgraded shares of Credicorp from a “buy” rating to a “hold” rating in a research note on Friday.
Hedge funds have recently made changes to their positions in the company. Krane Funds Advisors LLC boosted its holdings in Credicorp by 12.9% during the 4th quarter. Krane Funds Advisors LLC now owns 638 shares of the bank’s stock worth $78,000 after acquiring an additional 73 shares during the last quarter. Signaturefd LLC raised its stake in shares of Credicorp by 50.7% during the 4th quarter. Signaturefd LLC now owns 315 shares of the bank’s stock worth $38,000 after purchasing an additional 106 shares during the period. Pearl River Capital LLC raised its stake in shares of Credicorp by 3.0% during the 3rd quarter. Pearl River Capital LLC now owns 4,046 shares of the bank’s stock worth $449,000 after purchasing an additional 117 shares during the period. Atlas Capital Advisors LLC raised its stake in Credicorp by 11.7% in the 1st quarter. Atlas Capital Advisors LLC now owns 1,181 shares of the bank’s stock valued at $203,000 after acquiring an additional 124 shares during the period. Finally, JJJ Advisors Inc. raised its stake in Credicorp by 23.0% in the 1st quarter. JJJ Advisors Inc. now owns 797 shares of the bank’s stock valued at $137,000 after acquiring an additional 149 shares during the period.
Credicorp Company Profile (Get Rating)
Credicorp Ltd., a financial service holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. The company's Universal Banking segment offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities.
- Get a free copy of the StockNews.com research report on Credicorp (BAP)
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