Banco Comercial Portugues (OTCMKTS:BPCGY) Upgraded at Zacks Research

Zacks Research upgraded shares of Banco Comercial Portugues (OTCMKTS:BPCGY) from a hold rating to a strong-buy rating in a research report released on Thursday morning,Zacks.com reports.

Separately, The Goldman Sachs Group raised shares of Banco Comercial Portugues from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 4th. Three investment analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Banco Comercial Portugues Price Performance

OTCMKTS:BPCGY opened at $10.78 on Thursday. The stock has a market cap of $15.95 billion, a PE ratio of 11.84 and a beta of 0.25. Banco Comercial Portugues has a fifty-two week low of $5.21 and a fifty-two week high of $11.93. The stock’s 50-day moving average is $10.34 and its two-hundred day moving average is $9.10.

About Banco Comercial Portugues

Banco Comercial Português SA, operating under the Millennium bcp brand, is the largest private banking institution in Portugal. Headquartered in Porto, it offers a broad range of universal banking services to retail, corporate and institutional clients. Core product lines include deposit accounts, consumer and mortgage lending, payment cards and digital banking platforms. The group also provides private banking and wealth management solutions through dedicated advisory centres.

In the corporate segment, Millennium bcp delivers a portfolio of services that spans trade finance, project and structured finance, treasury operations and cash management, alongside specialised lending and structured solutions.