From what 13 stock analysts predict, the share price for Credicorp Ltd (BAP) might decrease by 71.95% in the next year. This is based on a 12-month average estimation for BAP. Price targets go from $37.85894 to $58.24473. The majority of stock analysts believe BAP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
BAP is a stock in Financial Services which has been forecasted to be worth $50.9591 as an average. On the higher end, the forecast price is $58.24473 USD by from and on the lower end BAP is forecasted to be $37.85894 by from .
These are the latest 20 analyst ratings of BAP.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Yuri Fernandes JP Morgan | Overweight | $194 | Maintains | Feb 29, 2024 |
Thiago Batista UBS | Buy | $190 | Maintains | Feb 5, 2024 |
Yuri Fernandes JP Morgan | Overweight | $190 | Upgrade | Dec 15, 2023 |
Domingos Falavina JP Morgan | Neutral | $162 | Maintains | Nov 13, 2023 |
Inigo Vega Jefferies | Buy | $161.2 | Initiates | Oct 16, 2023 |
Jason Mollin Scotiabank | Sector Outperform | $207 | Upgrade | Jul 7, 2023 |
Jorge Araya Itau BBA | Outperform | $156 | Upgrade | Jan 3, 2023 |
Marcelo Telles Credit Suisse | Outperform | $142 | Assumes | Dec 14, 2022 |
Rafael Frade Citigroup | Buy | $161 | Upgrade | Oct 4, 2022 |
Alonso Garcia Credit Suisse | Outperform | $142 | Upgrade | Jul 19, 2022 |
Carlos Gomez-Lopez HSBC | Buy | $130 | Upgrade | Aug 27, 2021 |
Morgan Stanley | Equal-Weight | Downgrade | Jun 9, 2021 | |
Jorg Friedemann Citigroup | Sell | $114 | Downgrade | Jun 9, 2021 |
Thiago Batista UBS | Buy | $171 | Upgrade | May 17, 2021 |
HSBC | Hold | Downgrade | Apr 21, 2021 | |
JP Morgan | Underweight | Downgrade | Apr 20, 2021 | |
Itau BBA | Market Perform | Downgrade | Apr 13, 2021 | |
Scotiabank | Sector Perform | Downgrade | Mar 24, 2021 | |
ScotiaBank | Sector Perform | Downgrade | Mar 24, 2021 | |
Citigroup | Neutral | Downgrade | Jan 13, 2021 |
When did it IPO
1995
Staff Count
33,461
Country
Peru
Sector/Industry
Financial Services/BanksโRegional
CEO
Market Cap
$14.51B
In 2023, BAP generated $19.54B in revenue, which was a increase of 16.94% from the previous year. This can be seen as a signal that BAP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Yape aims for a sustainable 18% return on equity (ROE) and has set more aggressive growth targets for 2026.
Why It Matters - Sustainable 18% ROE indicates strong profitability and growth potential for Yape, suggesting a favorable investment outlook and increased investor confidence in future performance.
Summary - Credicorp Ltd. has declared a special cash dividend of S/11.00 per share, totaling S/1.04 billion, as approved by its Board of Directors.
Why It Matters - The declaration of a special cash dividend signals strong financial health and returns value to shareholders, potentially boosting investor confidence and stock demand.
Summary - Credicorp's Q2 earnings revealed a decline in net profit, but loan growth and asset quality improved. Positive economic trends in Peru support a buy recommendation due to strong fundamentals.
Why It Matters - Decreased net profit may raise concerns, but loan growth and asset quality improvements indicate stability. Positive economic trends in Peru and Yape's success enhance Credicorp's attractiveness.
Summary - Credicorp Ltd. (NYSE: BAP) announced corrections to four ratios in its 2Q24 earnings due to miscalculations in performance indicators, affecting reported financial metrics.
Why It Matters - Misreported financial ratios can signal management issues and affect investor confidence, potentially leading to stock price volatility and impacting Credicorp's market valuation.
Summary - Credicorp Ltd. (NYSE:BAP) will hold its Q2 2024 earnings conference call on August 9, 2024, at 10:30 AM ET, featuring key executives and analysts from major financial institutions.
Why It Matters - Credicorpโs upcoming earnings call will provide insights on financial performance, strategic direction, and risk management, influencing investor sentiment and stock valuation.
Summary - Credicorp (BAP) is not expected to meet key criteria for a likely earnings beat in its upcoming report, suggesting potential underperformance. Investors should stay informed.
Why It Matters - Credicorp's potential earnings miss could indicate weaker financial performance, impacting stock value and investor sentiment, leading to possible volatility in share prices.