Credicorp Reaches New 52-Week High (BAP)

NEW YORK ( TheStreet) -- Credicorp (NYSE: BAP) hit a new 52-week high Tuesday as it is currently trading at $122.93, above its previous 52-week high of $121.82 with 80,903 shares traded as of 10:55 a.m. ET. Average volume has been 229,900 shares over the past 30 days.

Credicorp has a market cap of $8.89 billion and is part of the financial sector and banking industry. Shares are up 11.2% year to date as of the close of trading on Friday.

Credicorp Ltd., through its subsidiaries, provides a range of financial products and services in Peru, Bolivia, and Panama. The company has a P/E ratio of 17, above the average banking industry P/E ratio of 13.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Credicorp as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Credicorp Ratings Report.

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