JPMorgan raises target for Credicorp stock to USD 482.00

Published on 10/05/2026 at 06:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan raised its target to USD 482.00 from USD 453.00 on September 16, 2026. For Credicorp stock, Q2 net income rose 8.80 percent year over year.

BAP, BMG2519Y1084, Illustration mit AI erstellt.

Credicorp (BMG2519Y1084) received a higher JPMorgan price target of USD 482.00 from USD 453.00 on September 16, 2026. According to Yahoo Finance, the bank also upgraded Credicorp from Neutral to Overweight. The change gives the analyst action a clear numerical anchor, while the stock's latest reported operating figures provide the counterweight.

JPMorgan lifts the target

The new USD 482.00 target is USD 29.00 above the previous USD 453.00 level, a 6.40 percent increase calculated against the former target. Against the USD 373.31 NYSE quote on October 2, 2026, the new target lies 29.12 percent above the share price.

MarketBeat reported the same upgrade and target change on September 16, 2026, alongside five Buy ratings and two Hold ratings. The evidence points to a wider analyst view that remains positive, although the target is a US dollar valuation and is separate from the euro reference price used for German investors.

Second-quarter profit sets the base

Credicorp's second-quarter 2026 attributable net income reached PEN 1,981.90 million, up 8.80 percent from the same quarter a year earlier, according to TickerSpark. The same report placed second-quarter earnings per share at PEN 7.29 against a PEN 7.20 consensus estimate, a 1.20 percent beat on the comparable local-currency measure.

Credicorp's investor-relations page lists the third-quarter 2026 conference call for November 10, 2026 and a strategic update for November 17, 2026. The company operates banking, insurance, pensions, microfinance and investment-management businesses, giving the upcoming events several operating areas to address.

Euro reference stays dated

The latest valid euro reference is the Lang & Schwarz prior close of EUR 333.00 for October 2, 2026. The latest US market quote was USD 373.31 at the NYSE at 4:00 p.m. EDT on October 2, 2026, with a 52-week range of USD 230.45 to USD 413.25 and market capitalization of USD 29.7 billion.