Today, Banco De Chile (BCH) Given Average Recommendation of “Hold” from Analysts

Today, Banco De Chile (BCH) Given Average Recommendation of “Hold” from Analysts

Shares of Banco De Chile (NYSE:BCH) have been assigned an average rating of “Hold” from the seven analysts that are covering the stock. Four research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $73.50.

BCH has been the subject of several research reports. Zacks Investment Research raised Banco De Chile from a “sell” rating to a “hold” rating in a research note on Thursday, August 11th. Standpoint Research cut Banco De Chile from a “buy” rating to a “hold” rating in a research note on Monday, August 15th.

Several institutional investors have recently added to or reduced their stakes in BCH. Global X Management Co. LLC raised its position in Banco De Chile by 5.5% in the second quarter. Global X Management Co. LLC now owns 1,568 shares of the company’s stock worth $101,000 after buying an additional 82 shares during the period. BlackRock Fund Advisors raised its position in Banco De Chile by 38.9% in the second quarter. BlackRock Fund Advisors now owns 2,458 shares of the company’s stock worth $158,000 after buying an additional 688 shares during the period. LSV Asset Management raised its position in Banco De Chile by 172.2% in the third quarter. LSV Asset Management now owns 2,722 shares of the company’s stock worth $183,000 after buying an additional 1,722 shares during the period. BlackRock Institutional Trust Company N.A. bought a new position in Banco De Chile during the third quarter worth $185,000. Finally, Nomura Asset Management Co. Ltd. raised its position in Banco De Chile by 12.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 3,293 shares of the company’s stock worth $221,000 after buying an additional 362 shares during the period. Institutional investors and hedge funds own 3.28% of the company’s stock.

Banco De Chile (NYSE:BCH) traded down 0.39% on Friday, hitting $69.23. 23,595 shares of the stock were exchanged. Banco De Chile has a 52 week low of $54.98 and a 52 week high of $72.79. The company’s 50-day moving average is $69.15 and its 200-day moving average is $65.67. The company has a market cap of $11.26 billion, a PE ratio of 12.82 and a beta of 0.65.

Related posts

Leave a Comment