UBS analyst Olavo Arthuzo downgraded Banco de Chile (BCH) to Neutral from Buy with a price target of $48, up from $41. The firm says the stock’s valuation offers limited upside potential. Banco de Chile’s current valuation appropriately reflects the bank’s operational prospects and the “supportive” Chilean macroeconomic conditions anticipated for 2026, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BCH:
- Banco de Chile Reports Audited 2025 Results and Releases 4Q25 Management Commentary
- Banco De Chile (BCH) Q4 Earnings Cheat Sheet
- Banco de Chile Calls March Shareholders’ Meeting to Approve 84.7% Payout of 2025 Earnings
- Banco de Chile Announces Board Resignation and New Vice-Chairman
- Banco de Chile price target raised to $36 from $33 at JPMorgan