BANCO DO BRASIL/S (OTCMKTS:BDORY) Hits New 1-Year Low – Time to Sell?

Shares of Banco do Brasil have reached a new 52-week low, prompting major analysts like Citigroup and Goldman Sachs to downgrade the stock from “strong-buy” to “hold.” The bank also announced a dividend distribution amid the decline.

BANCO DO BRASIL/S (OTCMKTS:BDORY) Hits New 1-Year Low – Time to Sell?