According to Zacks, “Intercorp Financial Services Inc. provides financial products and services. The Company’s business segment consists of Bank, Insurance, Real Estate Operations and Others. Intercorp Financial Services Inc. is based in Lima, Peru. “
Separately, JPMorgan Chase & Co. reissued an “underweight” rating and set a $28.00 price target on shares of Intercorp Financial Services in a research note on Monday, April 26th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. Intercorp Financial Services presently has an average rating of “Hold” and an average price target of $32.60.
Hedge funds have recently bought and sold shares of the stock. Alliancebernstein L.P. grew its holdings in Intercorp Financial Services by 28.9% during the 4th quarter. Alliancebernstein L.P. now owns 436,440 shares of the company’s stock valued at $14,119,000 after buying an additional 97,880 shares during the last quarter. FIL Ltd boosted its stake in shares of Intercorp Financial Services by 6.9% during the fourth quarter. FIL Ltd now owns 520,700 shares of the company’s stock valued at $16,763,000 after acquiring an additional 33,594 shares during the last quarter. Lord Abbett & CO. LLC acquired a new stake in shares of Intercorp Financial Services during the fourth quarter valued at $357,000. Schroder Investment Management Group purchased a new stake in Intercorp Financial Services during the 4th quarter worth about $6,166,000. Finally, ExodusPoint Capital Management LP acquired a new position in Intercorp Financial Services in the 4th quarter valued at about $202,000. 9.15% of the stock is currently owned by hedge funds and other institutional investors.
About Intercorp Financial Services
Intercorp Financial Services Inc provides banking, insurance, and wealth management services for retail and commercial clients in Peru. The company operates through three operating segments: Banking, Insurance, and Wealth Management. It provides transactional accounts, such as cuenta sueldo and cuenta simple; savings accounts; investment accounts; and time deposits, certificates of deposit, and compensation for service time accounts.
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