JPMorgan Chase & Co. downgraded shares of BB Seguridade (OTCMKTS:BBSEY) from a neutral rating to an underweight rating in a report issued on Wednesday, The Fly reports.
BBSEY opened at $7.53 on Wednesday. BB Seguridade has a 12 month low of $5.49 and a 12 month high of $10.48.
The business also recently declared a Semi-Annual dividend, which was paid on Wednesday, January 9th. Investors of record on Monday, December 17th were given a $0.258 dividend. The ex-dividend date was Friday, December 14th.
About BB Seguridade
BB Seguridade Participações SA provides insurance, pension plans, premium bonds, and brokerage services in Brazil. It operates in two segments, Insurance and Brokerage. The Insurance segment offers life, property, vehicle, rural, special risks and financial, transport, hooves, and housing insurance. This segment also provides private pension, dental, and capitalization plans, as well as reinsurance products.
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