Banco Bradesco SA (ADR) (BBD) is Resumed by Goldman to Neutral

Banco Bradesco SA (ADR) (BBD) was Resumed by Goldman to “Neutral”. Goldman advised their investors in a research report released on Sep 21, 2016.

Banco Bradesco SA (ADR) opened for trading at $8.74 and hit $8.79 on the upside on Tuesday, eventually ending the session at $8.68, with a gain of 1.76% or 0.15 points. The heightened volatility saw the trading volume jump to 1,06,93,924 shares. Company has a market cap of $48,017 M.

Banco Bradesco S.A. (the Bank) is a commercial bank. The Bank offers a range of banking and financial products and services in Brazil and abroad to individuals companies and local and international corporations and institutions. Its products and services include banking operations such as loans and advances and deposit-taking credit card issuance purchasing consortiums insurance leasing payment collection and processing pension plans asset management and brokerage services. The Bank operates in two segments: banking and insurance. The banking segment includes a range of banking activities serving individual and corporate customers in the investment banking national and international banking operations and asset management and consortium administration operations. The insurance segment covers auto health life accident and property insurance and pension plans as well as capitalization bonds.

Banco Bradesco SA (ADR)

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