HSBC downgrades Banco Bradesco stock to Hold
Published on 10/08/2026 at 19:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- HSBC downgraded Banco Bradesco to Hold and set a USD 3.90 target on October 8, 2026.
- Second-quarter 2026 net income rose 16.20 percent year over year to BRL 7.1 billion.
- Banco Bradesco stock was EUR 3.84 at Lang & Schwarz on October 8, 2026 at 7:04 p.m. CEST, down 1.03 percent versus the prior close.
- The next earnings report is scheduled for October 22, 2026.
Banco Bradesco (ISIN US0594603039) was downgraded from Buy to Hold by HSBC, which set a USD 3.90 price target on October 8, 2026, as Markets Insider reported. The American Depositary Receipt was EUR 3.84 at Lang & Schwarz on October 8, 2026 at 7:04 p.m. CEST, down 1.03 percent on the session.
What does the downgrade change
The HSBC action adds a more cautious analyst view to a mixed rating picture. MarketBeat reported on October 8, 2026 that five analysts held a Moderate Buy average view, with three Buy ratings and two Holds, while the average one-year target was USD 3.90.
The target sits below the latest USD 4.33 primary-exchange quote supplied by the finance market data, although the euro reference price is a separate Lang & Schwarz quotation. Investing.com identifies BBD as listed on the New York Stock Exchange and quotes the stock in USD.
Three dated signals for BBD
On September 18, 2026, Banco Bradesco director Paulo Rogerio Caffarelli reported a purchase of 31,266 preference shares in an SEC Form 4 filing, according to finanzen.ch.
On June 30, 2026, MarketBeat said the bank reported USD 0.12 earnings per share and USD 6.77 billion in quarterly revenue. The latest operating update was stronger on profit: Investing.com summarized second-quarter 2026 net income of BRL 7.1 billion, up 16.20 percent year over year, with return on equity of 16.20 percent.
The October 8 HSBC downgrade is the third dated signal. The contrast matters: profit increased 16.20 percent year over year in the second quarter, while the latest analyst action moved the rating from Buy to Hold.
Next dates keep the focus on results
Investing.com lists October 22, 2026 as the next earnings date. MarketBeat also identifies October 15, 2026 as the ex-dividend date for a USD 0.0728 per-share special dividend.
After-hours price remains below prior close
At Lang & Schwarz, Banco Bradesco stock was trading at EUR 3.84 on October 8, 2026 at 7:04 p.m. CEST, down 1.03 percent versus the EUR 3.88 prior close of October 7, 2026. The next earnings date and the analyst target now provide the clearest numerical checkpoints for the stock.
The further course of trading is shown by the continuously updated real-time quote of Banco Bradesco stock.
Banco Bradesco market data
- Company: Banco Bradesco S.A.
- ISIN: US0594603039
- Ticker: BBD
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 8, 2026, 7:04 p.m. CEST: EUR 3.84
- Change versus prior close: minus 1.03 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 3.88
- Market capitalization: USD 45.8 billion as of October 8, 2026
- Sector / Industry: Financial Services / Banks - Regional
- Next earnings date: October 22, 2026
Market context: Market report S&P 500.
