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Banco Bradesco (BBD) Looks Good: Stock Adds 5.7% in Session

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Stock Market News For Nov 16, 2018

Wall Street finished in the green reversing its five-day negative trend on Thursday following news that United States and China have ramped up their efforts to resolve lingering trade disputes

Banco Bradesco S.A. BBD was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 15.3% in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Banco Bradesco currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Banco Bradesco SA Price

Banco Bradesco SA Price | Banco Bradesco SA Quote

Investors interested in the Banks - Foreign industry may consider Hang Seng Bank Ltd. HSNGY, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is BBD going up? Or down? Predict to see what others think:Up or Down

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