Goldman Sachs Group Initiates Coverage on BANCO DO BRASIL/S (OTCMKTS:BDORY)
Equities researchers at Goldman Sachs Group assumed coverage on shares of BANCO DO BRASIL/S (OTCMKTS:BDORY) in a report released on Monday, The Fly reports. The brokerage set a “buy” rating on the financial services provider’s stock.
Separately, Citigroup upgraded shares of BANCO DO BRASIL/S from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 2nd.
Shares of BDORY opened at $13.55 on Monday. BANCO DO BRASIL/S has a one year low of $6.34 and a one year high of $15.01. The company has a market cap of $38.63 billion, a price-to-earnings ratio of 9.99 and a beta of 0.99. The company has a debt-to-equity ratio of 2.03, a current ratio of 1.15 and a quick ratio of 1.15.
About BANCO DO BRASIL/S
Banco do Brasil SA provides banking products and services for individuals, companies, and public sectors in Brazil and internationally. The company's Banking segment offers various products and services, including deposits, loans, and services to retail, wholesale, and public sector markets, as well as to micro-entrepreneurs and the low income population.
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