Credicorp Discloses Material Event Following Fatalities Linked to Defective Saline Solution

Credicorp ( (BAP) ) has issued an announcement.

On May 19, 2025, Credicorp Ltd. disclosed a material event to the Peruvian market following a request from the Peruvian Superintendency of Securities Market. The disclosure pertains to serious incidents at Clínica SANNA San Borja and Clínica SANNA Trujillo, part of the Credicorp Economic Group, where defective saline solution led to fatalities. The incidents, which occurred in March 2025, have prompted legal actions and regulatory scrutiny, impacting Credicorp’s operations and reputation. The company is required to provide detailed information on the incidents, their impact, and any measures taken in response.

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 based in Peru, with a significant presence in the banking sector through its subsidiary, Banco de Credito del Peru. The company is involved in various financial services, including banking, insurance, and investment, and operates with a focus on the Peruvian market.

Average Trading Volume: 312,815

Technical Sentiment Signal: Buy

Current Market Cap: $16.43B

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