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Credicorp’s Credit Rating Affirmed at ‘BBB-‘ with Stable Outlook

Story Highlights
  • Credicorp Ltd. is a leading financial services holding company with strong market presence in Peru.
  • S&P Global Ratings affirmed Credicorp’s ‘BBB-‘ credit rating with a stable outlook on May 13, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Credicorp’s Credit Rating Affirmed at ‘BBB-‘ with Stable Outlook

Confident Investing Starts Here:

An update from Credicorp ( (BAP) ) is now available.

On May 13, 2025, S&P Global Ratings affirmed Credicorp Ltd.’s credit rating at ‘BBB-‘ with a stable outlook, updating figures as of December 2024. This reflects Credicorp’s strong position in Peru’s financial industry, supported by its diverse asset base and substantial liquidity, which ensures it can meet financial obligations without relying heavily on dividends from subsidiaries. The stable outlook is influenced by Peru’s economic conditions and Credicorp’s strategic investments in digitalization, which enhance its competitive edge.

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 leading financial services holding company based in Bermuda, with significant operations in Peru and some presence in other Latin American countries. It operates through its largest subsidiary, Banco de Credito del Peru, and has diversified interests in banking, insurance, pension funds, and asset management. Credicorp is known for its strong market position in Peru’s financial sector, steady earnings, and substantial investments in digital initiatives.

Average Trading Volume: 311,406

Technical Sentiment Signal: Buy

Current Market Cap: $16.17B

For a thorough assessment of BAP stock, go to TipRanks’ Stock Analysis page.

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