Markets closed

Banco Bradesco Sa American Depositary Shares

BBD · NYSE

Analyst Consensus

Hold

6 analysts

$4

Current

—

Low

$4

Average

—

High

Average target implies +7.95% versus the current price.

Analyst Ratings Synthesis

The reported consensus is Hold across six analysts, with a mean target of $3.70; the available consensus does not state low or high targets. Other supplied aggregators differ materially: Fintel gives a $4.22 average with forecasts from $3.64 to $4.98, while StockAnalysis reports an average of $3.54. Targets therefore cluster around $3.54-$3.70 in one data set but are materially higher in Fintel's compilation. The supplied evidence does not identify the most or least bullish analyst, provide named recommendations, or show any target revisions during the past week. The substantive disagreement is valuation methodology and data-set composition, alongside Hold consensus versus reported individual Buy ratings.

Rating Actions

No individual rating actions have been captured for BBDyet. Consensus figures above come from Nasdaq's aggregate feed.

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Covering Firms

B OF A GLBL RES

GOLDMAN SACHS

HSBC GLOBAL RES

JEFFERIES & CO.

JP MORGAN SECUR

MORGAN STANLEY

Symbol: BBD
Type: Stock
Sector: Finance
Industry: State Commercial Banks
Exchange: NYSE

Banco Bradesco is Brazil's second largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation--a private non-profit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share.

Key Issues

Bullish view

The consensus mean target is $3.70 versus the latest $3.49 close, while Fintel reports a higher average one-year target of $4.22 and a high estimate of $4.98.

Bearish view

StockAnalysis reports an average target of $3.54, only modestly above the latest close, and the available consensus has no stated low or high targets.