Notable negative changes in fundamentals have recently occurred for 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.
Significant negative changes in investment behavior have recently occurred for 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
Reflecting future returns on capital that are forecasted to be above the cost of capital, BCH is expected to continue to be a modest Value Builder.
Banco De Chile has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Banco De Chile has a neutral Appreciation Score of 53 and a neutral Power Rating of 54, leading to the Neutral Value Trend Rating.
Recent Price Action
Banco De Chile (NYSE: BCH) stock closed at $24.28 on 5/22/24 after a modest decline of -1.1%. Moreover, trading volume in this decline was exceptionally high at 288% of normal. The stock has declined -0.7% during the last week and has performed in line with the market over the last nine months.
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