JB Capital raises BCP’s target. Points to 70% appreciation – Research
JB Capital Markets revised up BCP’s target to 0.30 euros (against 0.28 euros attributed in the latest research note released earlier this month). Premium Business Subscribe and access without limits, on PC and smartphone Exclusive contents with the best of national and international economic information; Unlimited access, up to three different devices, […]
Santander sees BCP shares climbing 128% on the stock market – Research
Santander resumed its “research” coverage of BCP shares, placing the Portuguese bank on the list of favorites. Analysts point to the financial institution as an “outperform” and even anticipate a 128% appreciation in the price of securities on the Lisbon stock exchange to maximums since 2016. … Premium Business Subscribe and access […]
CaixaBank/BPI raises targets of ten quoted PSI but cuts recommendations to three – Research
CaixaBank/BPI raised the PSI’s target price of ten listed companies, but lowered the recommendation of three of the 15 companies listed in the national benchmark. Among the paper mills, the investment bank raises Altri’s “target” from 8.60 euros to 9.40 euros, pointing to an appreciation potential of 48.97%, compared to the last closing price, and […]
Moratoriums in Poland could put Millennium Bank in difficulties – Banca & Finanças
The moratorium plan approved by the Polish government could leave the Polish arm of BCP, Millennium Bank, in difficulties, say analysts at Trigon, one of the most important banking institutions in Eastern Europe, based in Krakow. In a note quoted by Bloomberg, analyst Maciej Marcinowski indicates that Millennium Bank is more exposed to the decision […]
BCP bank in Poland pays 55 million euros to Polish stability fund – Banking & Finance
Bank Millennium, a Polish bank 50.1% owned by BCP, will inject 55 million euros into a new fund determined by the government of Warsaw with the purpose of guaranteeing the stability of the country’s financial system. The announcement was made by Millennium this Tuesday. The bank clarifies that, together with the other financial institutions, it […]
BCP well positioned for ECB interest rate rally – Bolsa
Interest on European Central Bank (ECB) deposits will return to positive territory in September, leading banks to breathe a sigh of relief. The change, which will be the first rise in more than a decade, is already boosting shares in Eurozone banks, with the market expecting the rally to continue in the coming months. The […]
BCP and Greenvolt give shine to the national stock market – Bolsa
In the rest of Europe, the trend was also up, with the exception of the Madrid square. The Stoxx 600 hit more than three-week highs, thus reducing its monthly loss, after China announced it will ease some of the restrictions stemming from the control of the pandemic, which gave investors some appetite for risk. Here, […]
BCP: With their backs turned after the war, dean and dauphin did not return to the financial system – Banca & Finanças
The conflict between BCP shareholders that took place throughout 2007 marked the end of the careers of Paulo Teixeira Pinto and Jorge Jardim Gonçalves in the financial world and, in the case of the former, also as a personality in national public life. … Premium Business Subscribe and access without limits, on […]
BCP: With their backs turned after the war, dean and dauphin did not return to the financial system – Banca & Finanças
The conflict between BCP shareholders that took place throughout 2007 marked the end of the careers of Paulo Teixeira Pinto and Jorge Jardim Gonçalves in the financial world and, in the case of the former, also as a personality in national public life. … Premium Business Subscribe and access without limits, on […]
More than 7 billion separate BCP from the “life line” – Banca & Finanças
At 17 euros per share, BCP was worth 15.2 billion euros on the stock exchange. It was 2007 – Lehman Brothers still existed in the US, sovereign debt in Europe seemed healthy and the “troika” was far from Portugal – when the bank was one of the largest listed companies in the country. … […]