Bancolombia SA (ADR) (NYSE:CIB) stock price target raised to $43.00, reported earlier today by Zacks Investment Research
- Updated: October 16, 2016
Showing a price of $38.28, Bancolombia SA (ADR) (NYSE:CIB) traded -0.26% lower on the day. The last closing price is up 5.69% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. The company has recorded a 50-day moving average of $39.05 and a two hundred day average of $36.36. Volume of trade was down over the average, with 240,662 shares of CIB changing hands under the typical 343,798
Zacks Investment Research increased the price target of Bancolombia SA (ADR) (NYSE:CIB) to $43.00 reporting a possible upside of 0.12%.
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Bancolombia SA (ADR) has a 52 week low of $23.69 and a one year high of $42.58 with a PE ratio of 12.02 CIB’s total market value is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 13 brokerages have issued a ratings update on Bancolombia SA (ADR). The 12-month price target is $32.83 with one brokerage rating the company a strong buy, 4 brokers rating the stock a buy, 5 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally zero analysts rating the company a sell.
More About Bancolombia SA (ADR) (NYSE:CIB)
Bancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.
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