Banco Bradesco (BBD) Receives Daily News Impact Rating of 0.11

Press coverage about Banco Bradesco (NYSE:BBD) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Banco Bradesco earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave headlines about the bank an impact score of 45.5176066353376 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

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BBD has been the subject of a number of recent research reports. Zacks Investment Research upgraded Banco Bradesco from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research note on Wednesday, January 3rd. Citigroup raised Banco Bradesco from a “neutral” rating to a “buy” rating in a research note on Thursday, January 18th. JPMorgan Chase raised Banco Bradesco from a “neutral” rating to an “overweight” rating in a research note on Monday, January 22nd. Finally, ValuEngine raised Banco Bradesco from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and two have given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $12.20.

Shares of NYSE:BBD traded up $0.43 on Wednesday, hitting $10.29. The company’s stock had a trading volume of 11,663,772 shares, compared to its average volume of 9,244,621. Banco Bradesco has a 12 month low of $7.83 and a 12 month high of $13.18. The stock has a market cap of $71,346.88, a price-to-earnings ratio of 11.56, a PEG ratio of 0.58 and a beta of 1.84.

Banco Bradesco (NYSE:BBD) last released its quarterly earnings results on Thursday, February 1st. The bank reported $0.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.03. Banco Bradesco had a return on equity of 17.44% and a net margin of 9.87%. The company had revenue of $9.90 billion during the quarter, compared to analysts’ expectations of $8.20 billion. equities analysts expect that Banco Bradesco will post 0.84 EPS for the current fiscal year.

The firm also recently declared a special dividend, which will be paid on Friday, June 8th. Stockholders of record on Friday, May 4th will be paid a $0.0056 dividend. The ex-dividend date is Thursday, May 3rd. This represents a dividend yield of 0.7%. Banco Bradesco’s payout ratio is 6.74%.

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About Banco Bradesco

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.

Insider Buying and Selling by Quarter for Banco Bradesco (NYSE:BBD)

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