Credicorp Stock Hits New 52-Week High (BAP)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Credicorp (NYSE: BAP) hit a new 52-week high Monday as it is currently trading at $143.27, above its previous 52-week high of $143.22 with 50,961 shares traded as of 9:50 a.m. ET. Average volume has been 257,100 shares over the past 30 days.

Credicorp has a market cap of $11.29 billion and is part of the financial sector and banking industry. Shares are up 29.3% 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. It operates in four segments: Banking, Insurance, Pension Fund, and Brokerage and Other. The company has a P/E ratio of 15.9, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Credicorp as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income 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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