Several other research analysts have also weighed in on CIB. TheStreet raised Bancolombia from a c+ rating to a b rating in a research report on Wednesday, December 11th. BTIG Research lowered Bancolombia from a buy rating to a neutral rating in a report on Friday, February 21st. JPMorgan Chase & Co. lowered their price objective on Bancolombia from $56.00 to $55.00 and set an overweight rating on the stock in a report on Monday, February 24th. Finally, Zacks Investment Research lowered Bancolombia from a buy rating to a hold rating in a report on Tuesday. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of $56.33.
Shares of CIB stock opened at $47.48 on Tuesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.11 and a quick ratio of 1.10. Bancolombia has a fifty-two week low of $44.66 and a fifty-two week high of $56.10. The stock’s 50-day moving average is $53.49 and its two-hundred day moving average is $51.91. The firm has a market cap of $11.77 billion, a P/E ratio of 10.25, a PEG ratio of 0.68 and a beta of 0.75.
Bancolombia Company Profile
Bancolombia SA provides various banking products and services to individual, corporate, and government customers in Colombia, Latin America, and the Caribbean region. The company operates in nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, Off Shore, and All Other.
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