Merrill Lynch analyst Merrill Lynch maintained a Buy rating on Intercorp Financial Services (NYSE:IFS) Inc on Thursday, setting a price target of $33, which is approximately 35.25% above the present share price of $24.4.
expects Intercorp Financial Services Inc to post earnings per share (EPS) of $1.24 for the third quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Intercorp Financial Services, with an average price target of $34.75.
The analysts price targets range from a high of $38 to a low of $33.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.24 billion and a net profit of $0. The company's market cap is $2.82 billion.
According to TipRanks.com, Merrill Lynch analyst Merrill Lynch is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 7.9% and a 58.38% success rate.
Intercorp Financial Services, Inc. is a holding company, which engages in the provision of financial services. Through its subsidiaries, it operates through the following business segments: Banking, Insurance, and Wealth Management. The Banking segment provides a range of retail banking and commercial banking products, and services to individuals, large companies, and small and medium enterprises. The Insurance segment offers retirement, savings, life, unemployment, and other insurance products mainly to retail customers. The Wealth Management segment comprises wealth management, private banking, financing, brokerage, advisory, and other investment services mainly to high net worth individuals. The company was founded on September 19, 2006 and is headquartered in Lima, Peru.