An End-of-Day Technical Review: Banco Bradesco S.A. (BBD), Urban Outfitters, Inc. (URBN)

Banco Bradesco S.A. (NYSE:BBD) last session’s volume of 11.1 million shares was higher than its average volume of 8.71 million shares. The stock, after opening at $11.98, hit $12.03 through the close by scoring 0.75%.

Banco Bradesco S.A. (BBD) Analyst Opinion

Banco Bradesco S.A. has a consensus hold rating from 6 Wall Street analysts, and the number of shares currently sold short amount to at least 0.14% of shares outstanding. The stock spiked 7.85% last month and is up 17.66 this year. Wall Street is only getting more bullish on the stock, with 2 of analysts who cover BBD having a buy-equivalent rating. Analysts have placed a $12.16 price target on Banco Bradesco S.A., suggesting a 1.08% gain from recent close. It’s currently trading about -8.64% below its 52-week high.

Banco Bradesco S.A. Earnings Surprise

Banco Bradesco S.A. (BBD) surprised the stock market in its last reported earnings when it earned $0.25 a piece versus the consensus-estimated $0.22. Its revenue totaled $8.47 billion up 5.44% from the previous quarter.

Banco Bradesco S.A. (NYSE:BBD) Intraday View

This stock (BBD) is ahead of its 52-week low with 59.42%. Its last month’s stock price volatility remained 1.99% which for the week stands at 2.49%. The share price has moved forward from its 20 days moving average, trading at a distance of 0.57% and stays 3.25% away from its 50 days moving average. Over the last five days, shares have faced -0.74% losses and now is up 18.04% since hitting its 200-day moving average of $11.05. Banco Bradesco S.A. (BBD) has made its way to a 12-month gain of 36.12%.

Turning to Urban Outfitters, Inc. (NASDAQ:URBN), its shares were trading at $35.06 a retreat of $-0.82, on the trading floor. The stock, after opening at $35.88, touched a high of $36.25 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.5. Urban Outfitters, Inc. has 6 buy ratings, 13 holds and 1 sells even after the stock tumbled -8.41% from its high of $38.28 to a $3.72 billion market value through last close.

Urban Outfitters, Inc. (URBN) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.56 to 2.5 during a month. Analysts set a 12-month price target of $37.73 a share. The target implies a 7.62% spike from where the shares are currently trading. Also, the current price highlights a discount of 19.79% to analysts’ high consensus price target.

Urban Outfitters, Inc. (NASDAQ:URBN) Intraday Trading

The counter witnessed a trading volume of 2.08 million shares versus an average volume of 2.65 million shares during last trading session. Its last month’s stock price volatility remained 4.39% which for the week approaches 4.51%. The lowest price the stock reached in the last trading day was $34.8601 and compares with the $16.19 52-week low. The stock recovered 116.55% since its low point and has performed 0% year-to-date.

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