BBD - Shares of Banco Bradesco Sa American Depositary Shares (BBD) Rise to a New 52-Week High
Banco Bradesco Sa American Depositary Shares (NYSE:BBD) traded today at a new 52-week high of $5.55. Approximately 12.7 million shares have changed hands today, as compared to an average 30-day volume of 23 million shares.
Banco Bradesco is Brazil's fourth-largest bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 25% market share. The bank provides services through a network of more than 4,600 branches, the largest footprint of all privately controlled banks in Brazil. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%.
Based on a current price of $5.47, Banco Bradesco Sa American Depositary Shares is currently 0.3% above its average consensus analyst price target of $5.46.
In the past 52 weeks, shares of Banco Bradesco Sa American Depositary Shares have traded between a low of $3.36 and a high of $5.55 and is now at $5.47, which is 63% above that low price.
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