BB Seguridade Participações (OTCMKTS:BBSEY) Stock Rating Lowered by UBS Group

BB Seguridade Participações (OTCMKTS:BBSEY) was downgraded by analysts at UBS Group from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

BB Seguridade Participações Stock Performance

OTCMKTS BBSEY traded down $0.21 on Tuesday, hitting $6.81. The stock had a trading volume of 138,645 shares, compared to its average volume of 78,071. BB Seguridade Participações has a 52-week low of $5.38 and a 52-week high of $7.43. The firm has a 50-day moving average of $6.93 and a 200-day moving average of $6.36. The company has a market capitalization of $13.62 billion, a price-to-earnings ratio of 8.20, a price-to-earnings-growth ratio of 1.51 and a beta of 0.65.

BB Seguridade Participações (OTCMKTS:BBSEY) last announced its earnings results on Monday, February 17th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.02. BB Seguridade Participações had a net margin of 85.43% and a return on equity of 73.91%. The business had revenue of $448.84 million during the quarter. As a group, research analysts anticipate that BB Seguridade Participações will post 0.71 earnings per share for the current fiscal year.

BB Seguridade Participações Company Profile

BB Seguridade Participações SA, through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. The company operates through Security and Brokerage segments. The Security segment offers life, property, rural, special risks and financial, transport, hulls, and housing people insurance products.