Analysis: Banco de Chile (NYSE:BCH) Stock Target Has Just Been Increased Today
In a recent research report distributed by Barclays Capital on Thursday, 3 December, the firm, Banco de Chile (NYSE:BCH), had their TP downgraded to $72.00. Analusts now have a solid “Overweight” rating on the stock.
Approximately 11,078 shares of stock traded hands. Banco de Chile (ADR) (NYSE:BCH) has declined 13.69% since April 30, 2015 and is downtrending. It has underperformed by 13.40% the S&P500.
Banco de Chile is a commercial bank
According to Zacks Investment Research, “Banco De Chile is principally engaged in commercial banking in Chile, providing general banking services to a diverse customer base that includes large corporations, small and mid-sized businesses and individuals.” Get a free copy of the Zacks research report on Banco de Chile (ADR) (BCH).