Analyst Price Target is $37.33
▲ +26.43% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Banco Latinoamericano de Comercio Exterior, S. A. in the last 3 months. The average price target is $37.33, with a high forecast of $43.00 and a low forecast of $32.00. The average price target represents a 26.43% upside from the last price of $29.53.
Current Consensus is
Buy
The current consensus among 3 investment analysts is to buy stock in Banco Latinoamericano de Comercio Exterior, S. A.. This Buy consensus rating has held steady for over two years.
Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates through two segments, Commercial and Treasury. It also offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing. In addition, the company provides letter of credit comprising import and export letters of credit, and credit discounting and financing, as well as usance payable at sight; stand-by services; bank guarantees, which includes first demand and local guarantees; import and export documentary collection; irrevocable reimbursement undertaking, and canal tolls. Further, it offers liquidity and investment solutions including time deposits, DDA accounts, Yankee certificate of deposits, and EMTN private placement services, as well as supply chain finance services. The company primarily serves financial institutions, corporations, and sovereigns and state-owned entities. Banco Latinoamericano de Comercio Exterior, S. A.was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S. A. in June 2009. The company was founded in 1977 and is headquartered in Panama City, the Republic of Panama.
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