Alert: Negative Investment/Fundamental Signals (7/24/24)-Banco De Chile (NYSE: BCH)

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Extremely important negative changes in investment behavior have recently occurred for Banco De Chile (NYSE: BCH): negative upside/downside volume developed, and its shorter term price trend turned down.

Banco De Chile (NYSE: BCH). Meaningful negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

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.

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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). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Banco De Chile has a neutral Appreciation Score of 54 and a neutral Power Rating of 48, resulting in the Neutral Value Trend Rating.

Recent Price Action

Banco De Chile (NYSE: BCH) stock declined slightly by -0.3% on 7/24/24. The stock closed at $23.69. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -2.9% during the last week.

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