Credicorp Ltd. with ticker code (BAP) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 183.16 and 121.08 and has a mean target at $157.80. Given that the stocks previous close was at $133.63 this is indicating there is a potential upside of 18.1%. The day 50 moving average is $129.88 and the 200 moving average now moves to $134.63. The company has a market capitalization of $10,626m. Company Website: https://www.grupocredicorp.com
The potential market cap would be $12,548m based on the market consensus.
Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally. Its Universal Banking segment includes granting various credits and financial instruments to individuals and legal entities; and various deposits and checking accounts. The Insurance and Pensions segment includes the issuance of insurance policies to cover losses in commercial property, transport, marine vessels, automobiles, life, health, and pensions; management services for private pension funds. Its Microfinance segment provides management of loans, deposits, and checking accounts for small and microenterprises. The Investment Banking and Equity Management segment is involved in the provision of brokerage and investment management services for corporations, institutional investors, governments, and foundations; structuring and placement of issues in the primary market; implementation and negotiation of transactions in the secondary market; and structuring of securitization processes for corporate customers and manages mutual funds. The company was founded in 1889 and is headquartered in Lima, Peru.
The company has a dividend yield of 2.99% with the ex dividend date set at 19-5-2022 (DMY).
Other points of data to note are a P/E ratio of 8.82, revenue per share of 194.6 and a 1.97% return on assets.
