Banco Bradesco Shares Rise Amid Rate Cut Hopes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5h ago
0mins
Source: Fool
- Stock Price Surge: Banco Bradesco's shares rose 4.41% to $4.14, reflecting market optimism regarding potential interest rate cuts in Brazil starting in March, with current rates near 15%.
- Volume Spike: Today's trading volume reached 60.8 million shares, 76% above the three-month average of 34.5 million shares, indicating strong investor interest that could drive further price increases.
- Market Outlook: Economists predict Brazil's benchmark Selic rate will be cut from 15% to 12.25% by year-end, creating a more favorable financing environment for banks, likely boosting loan demand and profitability.
- Team Expansion Plans: Banco Bradesco plans to strengthen its fixed income team to gain further market share, which is expected to positively impact its future performance, especially with earnings due on February 5, 2026.
Analyst Views on BBD
Wall Street analysts forecast BBD stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BBD is 3.20 USD with a low forecast of 3.20 USD and a high forecast of 3.20 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 3.970
Low
3.20
Averages
3.20
High
3.20
Current: 3.970
Low
3.20
Averages
3.20
High
3.20
About BBD
Banco Bradesco SA is a Brazil-based company which engages in the banking services industry. The Company is a multiple-service bank, operating primarily in two segments: financial and insurance. The financial segment includes several areas of the banking sector, serving individual and corporate clients, acting as an investment bank in domestic and international banking operations, investment fund administration, consortium administration, and asset management. The insurance segment includes life insurance, supplementary pension plans, health, accident, and property insurance. The Company provides services to other entities which include asset management and treasury services, foreign exchange transactions, corporate finance and investment banking services, hedging operations, and financing operations, including working capital financing, leasing, and installment credit.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
