Credicorp Ltd. with ticker code (BAP) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 180.42 and 130.07 with a mean TP of 157.78. Given that the stocks previous close was at 143.49 this now indicates there is a potential upside of 10.0%. The day 50 moving average is 143.67 while the 200 day moving average is 135.52. The market cap for the company is $11,193m. Company Website: https://www.grupocredicorp.com
The potential market cap would be $12,307m based on the market concensus.
Credicorp Ltd., a financial service holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. The company’s Universal Banking segment offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities. Its Insurance and Pensions segment issues insurance policies to cover losses in commercial property, transportation, marine vessels, automobile, life, health, and pensions, as well as provides private pension fund management services. The company’s Microfinance segment manages loans, credits, deposits, and current accounts of the small and microenterprises. Its Investment Banking and Wealth Management segment offers its services to corporations, institutional investors, governments, and foundations; engages in structuring and placement of issues in the primary market, as well as the execution and negotiation of operations in the secondary market; and structures securitization processes for corporate customers and manages mutual funds. The company was founded in 1889 and is headquartered in Lima, Peru.
