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Banco De Chile (BCH) [hlAlert]

Rating:
Underweight
BCH
up 49.37 %

Banco De Chile (BCH) rated Underweight with price target $85 by Barclays

Posted on: Thursday,  Jan 3, 2013  1:25 PM ET by Barclays

Barclays rated Underweight Banco De Chile (NYSE: BCH) on 01/03/2013. Previously Barclays rated Underweight Banco De Chile (NYSE: BCH) on 04/13/2012.,
when the stock price was $92.75. Since then, Banco De Chile has lost 33.06% as of 09/04/2015's recent price of $62.09.
If you would have followed the previous Barclays's recommendation on BCH, you would have gained 49.37% of your investment in 1239 days.

Banco de Chile (the Bank) is a commercial bank that provides a range of financial products and services to a broad customer base that includes large corporations, small and medium-sized businesses, and the retail market. In addition, the subsidiaries complete the range of financial services with securitization, securities trading, investment and mutual funds, insurance, financial consultancy and factoring. Its business is organized on the basis of two markets: the Wholesale Market, which includes corporates, wholesale, large companies and real estate, investment banking and capital markets, and treasury, and the Retail Market, which covers operations with individuals and middle market companies, and Banco CrediChile. On January 1, 2008, the merger of Banco de Chile with Banco Citibank Chile was effective.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/3/2013 1:25 PM Sell
None
98.50 85.00
as of 12/13/2013
1 Week up  2.24 %
1 Month down  -0.13 %
3 Months up  5.19 %
1 YTD up  12.38 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/13/2012 1:25 PM Sell
None
92.75 83.00

(*) Stock Price at the time of the recommendation.
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