Recent notable negative changes in fundamentals have affected Banco De Chile (NYSE: BCH): significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Recent notable negative changes in investment behavior have affected Banco De Chile (NYSE: BCH): the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
BCH’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Banco De Chile has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Banco De Chile has a neutral Appreciation Score of 59 and a slightly positive Power Rating of 65, resulting in the High Neutral Value Trend Rating.
Recent Price Action
Banco De Chile (NYSE: BCH) stock closed at $22.76 on 3/19/24 after a decline of -2.7%. Moreover, exceptionally high trading volume at 237% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -1.9% during the last week.
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