Media coverage about Banco de Chile (NYSE:BCH) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Banco de Chile earned a news impact score of 0.15 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 44.3468740208853 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of brokerages have issued reports on BCH. Scotiabank lowered shares of Banco de Chile from an “outperform” rating to a “sector perform” rating in a report on Tuesday, October 24th. Deutsche Bank cut shares of Banco de Chile from a “hold” rating to a “sell” rating and set a $91.00 target price for the company. in a research report on Wednesday, January 24th. Zacks Investment Research cut shares of Banco de Chile from a “buy” rating to a “hold” rating in a research report on Thursday, November 16th. Bank of America cut shares of Banco de Chile from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 18th. Finally, ValuEngine cut shares of Banco de Chile from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $89.25.
Shares of Banco de Chile (BCH) traded down $1.96 during trading on Friday, reaching $102.10. 80,143 shares of the company’s stock traded hands, compared to its average volume of 32,075. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.39 and a quick ratio of 1.39. The stock has a market capitalization of $17,388.43, a PE ratio of 19.95, a PEG ratio of 1.65 and a beta of 0.43. Banco de Chile has a twelve month low of $69.48 and a twelve month high of $106.50.
Banco de Chile (NYSE:BCH) last announced its quarterly earnings results on Thursday, November 2nd. The bank reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.11). Banco de Chile had a return on equity of 18.18% and a net margin of 24.17%. The company had revenue of $632.80 million during the quarter, compared to the consensus estimate of $706.94 million. research analysts forecast that Banco de Chile will post 5.63 earnings per share for the current fiscal year.
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About Banco de Chile
Banco de Chile is a full service financial institution, which is engaged in providing credit and non-credit products and services in Chile. The Bank offers a range of banking services to its customers, ranging from individuals to corporations. The Bank’s segments include Retail, which focuses on individuals and small and medium-sized companies, where the product offering focuses on consumer loans, commercial loans, checking accounts, credit cards, credit lines and mortgage loans; Wholesale, which focuses on corporate clients and companies, where the product offering focuses on commercial loans, checking accounts and liquidity management services, debt instruments, foreign trade, derivative contracts and leases; Treasury, which includes the associated revenues to the management of the investment portfolio and the business of financial transactions and currency trading, and Subsidiaries, which corresponds to companies and corporations controlled by the Bank.
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