BofA Lifts PT on Credicorp (BAP) – Here’s Why
Bank of America raised its price target on Credicorp (BAP) to $408 from $361 and kept a Buy rating, citing a rollover of its valuation basis to 2027 and continued bullishness on Peru banks. Credicorp reported fiscal Q1 2026 net income of S/2,063 million (+16.1% YoY, +30.0% QoQ), with ROE at 21.1%, loan growth and improved asset quality.



