Banco Comercial Portugues S.A. Unsponsored ADR (OTCMKTS:BPCGY) Short Interest Update

by · The Cerbat Gem

Banco Comercial Portugues S.A. Unsponsored ADR (OTCMKTS:BPCGY – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 189 shares, a decrease of 69.6% from the August 31st total of 622 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,825 shares, the short-interest ratio is currently 0.1 days.

Banco Comercial Portugues Stock Down 1.5%

OTCMKTS:BPCGY opened at $13.89 on Friday. The firm has a market cap of $20.57 billion, a PE ratio of 15.27 and a beta of 0.40. Banco Comercial Portugues has a 12 month low of $8.71 and a 12 month high of $15.00. The company’s 50-day moving average price is $13.27 and its two-hundred day moving average price is $11.63.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on BPCGY shares. Zacks Research raised Banco Comercial Portugues from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 9th. The Goldman Sachs Group downgraded shares of Banco Comercial Portugues from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Check Out Our Latest Report on Banco Comercial Portugues

Banco Comercial Portugues Company Profile

(Get Free Report)

Banco Comercial Português, SA, commonly known as Millennium bcp, is a Portugal-based banking group that provides financial products and services to individuals, businesses and institutional clients. Its offerings include current and savings accounts, consumer and mortgage lending, credit cards, payment services, insurance, investment products and wealth management.

The group also serves corporate and institutional customers through commercial lending, cash management, trade finance, investment banking and capital-markets services.

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