Credicorp Ltd. with ticker code (BAP) have now 12 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 183.04 and 107.87 with the average target price sitting at 136.86. Given that the stocks previous close was at 105.62 this now indicates there is a potential upside of 29.6%. The day 50 moving average is 102.72 while the 200 day moving average is 124.38. The market cap for the company is $8,554m. Company Website: http://www.grupocredicorp.com
Credicorp Ltd., a financial services 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.