Banco Comercial Portugues (OTCMKTS:BPCGY) Rating Increased to Strong-Buy at Zacks Research

Banco Comercial Portugues (OTCMKTS:BPCGY) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday, Zacks reports.

Separately, The Goldman Sachs Group cut Banco Comercial Portugues from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy”.

Banco Comercial Portugues Stock Up 1.1%

OTCMKTS BPCGY opened at $14.00 on Wednesday. Banco Comercial Portugues has a twelve month low of $8.40 and a twelve month high of $14.89. The company has a market cap of $20.73 billion, a price-to-earnings ratio of 15.38 and a beta of 0.40. The business’s fifty day moving average is $12.92 and its 200 day moving average is $11.33.

Banco Comercial Portugues Company Profile

Banco Comercial Português, SA, commonly known as Millennium bcp, is a Portugal-based banking group that provides financial products and services to individuals, businesses and institutional clients. Its offerings include current and savings accounts, consumer and mortgage lending, credit cards, payment services, insurance, investment products and wealth management.

The group also serves corporate and institutional customers through commercial lending, cash management, trade finance, investment banking and capital-markets services.