Credicorp Ltd. with ticker code (BAP) have now 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 181.69 and 121.07 with the average target price sitting at 156.76. Now with the previous closing price of 129.05 this would imply there is a potential upside of 21.5%. The 50 day moving average now sits at 136.99 while the 200 day moving average is 134.7. The company has a market capitalisation of $10,226m. Visit the company website at: https://www.grupocredicorp.com
The potential market cap would be $12,421m 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.
