Banco Bradesco (BBDO) Earning Somewhat Positive Press Coverage, Study Shows

Media stories about Banco Bradesco (NYSE:BBDO) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Banco Bradesco earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.2672852767435 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of Banco Bradesco (NYSE BBDO) traded up $0.10 during mid-day trading on Friday, reaching $10.22. 910 shares of the company’s stock were exchanged, compared to its average volume of 6,253. The company has a market cap of $30,540.00, a price-to-earnings ratio of 10.49 and a beta of 1.70. Banco Bradesco has a fifty-two week low of $7.47 and a fifty-two week high of $11.79.

The firm also recently declared a special dividend, which will be paid on Monday, February 12th. Shareholders of record on Thursday, January 4th will be paid a dividend of $0.0052 per share. The ex-dividend date of this dividend is Wednesday, January 3rd. This represents a yield of 29.43%.

Separately, ValuEngine upgraded shares of Banco Bradesco from a “buy” rating to a “strong-buy” rating in a research note on Wednesday.

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Banco Bradesco Company Profile

Banco Bradesco SA provides banking and financial products and services to individuals, companies, and corporations and institutions. The company operates in two segments, Banking; and Insurance, Pension Plans and Capitalization Bond. It accepts demand and time deposits, checking and savings accounts, interbank deposits from financial institutions, and accounts for salary purposes.

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