Banco Latinoamericano de Comerci Extr SA (NYSE:BLX) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: September 17, 2016
Having a price of $27.75, Banco Latinoamericano de Comerci Extr SA (NYSE:BLX) traded 0.28% lower on the day. The last stock price is up 8.79% relative to the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the same period. BLX has registered a 50-day average of $28.07 and two hundred day moving average of $26.11. Trade volume was was up over the average, with 229,283 shares of BLX changing hands over the typical 142,678 shares.
Zacks Investment Research has upgraded Banco Latinoamericano de Comerci Extr SA(NYSE:BLX) to Hold in a report released Thursday August 18 2016.
Previously on 7/17/2015, Deutsche Bank released a statement for Banco Latinoamericano de Comerci Extr SA(NYSE:BLX) bumped the target price from $29.00 to $31.00 that suggested an upside of 0.09%.
Banco Latinoamericano de Comerci Extr SA has a price-earnings of 10 with a one-year low of $19.63 and a 52 week high of $29.35 and has a market cap of $0.0.
About Banco Latinoamericano de Comerci Extr SA (NYSE:BLX)
Banco Latinoamericano de Comercio Exterior, S.A. (the Bank) is a specialized multinational bank. The Bank is established to support the financing of trade and economic integration in Latin America and the Caribbean. The Company operates in two segments: Commercial and Treasury. The Bank’s Commercial segment incorporates all of the Bank’s financial intermediation and fees generated by the commercial portfolio activities, such as origination of bilateral and syndicated credits, short- and medium-term loans, acceptances and contingent credits. The Bank’s Treasury segment incorporates deposits in banks and all of the Bank’s trading assets, securities available-for-sale and held-to-maturity, and the balance of the investment funds. The Bank serves a range of sectors, including oil and gas, agribusiness, food processing and manufacturing. Its products and services are categorized into three main areas: Financial Intermediation Business, and Structuring and Syndications Business and Treasury.
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