Stock Rating Upgrade
During the last several trading days the Value Trend Rating for Banco De Chile (NYSE: BCH) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Banco De Chile (NYSE: BCH) stock closed at $20.84 on 11/10/23 after an increase of 1.5%. The stock has declined -1.0% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, BCH is expected to continue to be a major Value Builder.
Banco De Chile has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Banco De Chile has a slightly positive Appreciation Score of 67 and a slightly positive Power Rating of 67, resulting in the Positive Value Trend Rating.
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