Shares of Banco de Chile (NYSE:BCH) have been given a consensus recommendation of “Hold” by the nine ratings firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have given a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $91.50.
Several research firms have commented on BCH. Bank of America cut shares of Banco de Chile from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 18th. Zacks Investment Research raised shares of Banco de Chile from a “sell” rating to a “hold” rating in a research note on Tuesday, January 16th. Deutsche Bank cut shares of Banco de Chile from a “hold” rating to a “sell” rating and set a $91.00 target price for the company. in a research note on Wednesday, January 24th. ValuEngine cut shares of Banco de Chile from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, Credit Suisse Group reaffirmed a “hold” rating on shares of Banco de Chile in a research note on Friday, December 22nd.
Banco de Chile (BCH) traded up $1.75 during mid-day trading on Friday, reaching $105.50. 44,756 shares of the company’s stock traded hands, compared to its average volume of 34,437. The stock has a market cap of $17,112.71, a PE ratio of 19.51, a P/E/G ratio of 1.08 and a beta of 0.45. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.39 and a quick ratio of 1.39. Banco de Chile has a 12-month low of $69.48 and a 12-month high of $106.50.
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Banco de Chile Company Profile
Banco de Chile is a full service financial institution, which is engaged in providing credit and non-credit products and services in Chile. The Bank offers a range of banking services to its customers, ranging from individuals to corporations. The Bank’s segments include Retail, which focuses on individuals and small and medium-sized companies, where the product offering focuses on consumer loans, commercial loans, checking accounts, credit cards, credit lines and mortgage loans; Wholesale, which focuses on corporate clients and companies, where the product offering focuses on commercial loans, checking accounts and liquidity management services, debt instruments, foreign trade, derivative contracts and leases; Treasury, which includes the associated revenues to the management of the investment portfolio and the business of financial transactions and currency trading, and Subsidiaries, which corresponds to companies and corporations controlled by the Bank.
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