Banco Bradesco S.A. (NYSE:BBD) is one of our Best Undervalued Stocks to Buy Under $5.
The stock trades at a forward price to earnings ratio of around 6.7, which is below the sector average of 11
Moreover, analysts see more than 31% upside for the stock over the next 12 months. Recently, on June 8, Banco Bradesco S.A. (NYSE:BBD) was reiterated with a Hold rating at TD Cowen. The firm did not disclose any price targets.
The rating comes almost a month after the company released its fiscal Q1 2026 earnings. The stock has fallen around 6.4% since the release. During the quarter, the company reported R$36.9 billion in revenue, which fell significantly short of the estimated R$36.18 billion.