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Credicorp Addresses Fatal Incidents Involving Defective Saline Solution

Story Highlights
  • Credicorp Ltd. responded to a Peruvian inquiry about defective saline incidents at SANNA clinics.
  • Defective saline led to fatalities, prompting Credicorp to take corrective actions and cooperate with authorities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Credicorp Addresses Fatal Incidents Involving Defective Saline Solution

Confident Investing Starts Here:

Credicorp ( (BAP) ) has shared an update.

On May 20, 2025, Credicorp Ltd. responded to an inquiry from the Peruvian Superintendency of Securities Market regarding incidents involving defective saline solution administered at SANNA clinics, part of its economic group. The incidents, which occurred in March 2025, involved severe adverse reactions in patients due to a defective saline solution manufactured by Medifarma, leading to multiple fatalities. Credicorp’s subsidiaries took immediate actions, including removing the defective product, conducting analyses, and cooperating with authorities. The events have significant implications for patient safety and highlight the importance of stringent quality control in medical supplies.

The most recent analyst rating on (BAP) stock is a Sell with a $160.00 price target. To see the full list of analyst forecasts on Credicorp stock, see the BAP Stock Forecast page.

Spark’s Take on BAP Stock

According to Spark, TipRanks’ AI Analyst, BAP is a Outperform.

Credicorp’s strong profitability and effective equity utilization drive its solid financial performance score. Technical indicators show positive momentum but caution due to overbought signals. Attractive valuation metrics and a favorable earnings call further boost the score. However, challenges in cash flow management and impacts from the Sartor case slightly temper the overall outlook.

To see Spark’s full report on BAP stock, click here.

More about Credicorp

Credicorp Ltd. is a prominent financial services holding company operating primarily in Peru. Its subsidiaries include Banco de Credito del Peru and Pacífico Compañía de Seguros y Reaseguros S.A., focusing on banking and insurance services. The company is actively involved in the Peruvian market, providing a range of financial products and services.

Average Trading Volume: 309,289

Technical Sentiment Signal: Buy

Current Market Cap: $15.39B

See more insights into BAP stock on TipRanks’ Stock Analysis page.

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