BCH Dips 0.21% in 24 Hours as Analysts Raise Price Targets 18.82%

On FEB 6 2026, BCH dropped by 0.21% within 24 hours to reach $522.5, BCH rose by 1.14% within 7 days, rose by 2.88% within 1 month, and dropped by 12.91% within 1 year. Analysts have raised the one-year price target for Banco de Chile (ADR) by 18.82%, setting an average target of $45.66 per share. This follows an upward revision from the previous estimate of $38.43 on December 20, 2025.

Analyst Price Targets and Institutional Positioning

The updated price target ranges from $45.18 to $47.04, with the current average standing at $45.66, representing a 1.53% discount to the latest closing price of $46.37. This shift in analyst expectations signals a cautiously optimistic outlook, despite the recent 24-hour price decline.

Institutional ownership has also seen a mixed shift. A total of 163 funds and institutions report positions in BCH, a slight decline of 3 owners or 1.81% compared to the prior quarter. However, the total shares held by institutions increased by 2.81% over the last three months, reaching 14,916K shares. The average portfolio weight of all funds dedicated to BCH stands at 0.13%, an increase of 0.76 percentage points.

Key Institutional Investors and Position Adjustments

Several major institutional investors have adjusted their holdings in BCH:

• Bridge Builder International Equity Fund (BBIEX) increased its stake by 14.87% to 1,850K shares, while boosting its portfolio allocation by 23.75%.
• Renaissance Technologies raised its holding by 5.64% to 1,292K shares, with a 4.75% increase in its portfolio allocation.
• In contrast, Baillie Gifford reduced its holding by 27.79% to 732K shares and cut its portfolio allocation by 57.33%.
• Itau Unibanco Holding saw a significant increase in holdings of 46.63% to 645K shares and increased its portfolio allocation by 249.01%.
• UBS Group increased its stake by 52.39% to 494K shares but decreased its portfolio allocation by 51.08%, highlighting a strategic shift in exposure.

Options Market and Market Sentiment

The put/call ratio for BCH stands at 0.10, indicating a generally bullish outlook among traders. This aligns with the increased institutional ownership and upward revision in analyst price targets. While the stock has shown resilience over the past month with a 2.88% increase, the 12.91% decline over the past year suggests long-term volatility remains a factor.

Summary of Analyst and Institutional Signals

The recent price target increase and the divergence in institutional holdings suggest a market that is both optimistic and cautious. While some investors are doubling down on BCH, others are reducing exposure, reflecting differing views on Chile’s economic outlook and the bank’s long-term stability. Analysts project continued moderate gains, but investors are advised to remain attentive to local economic and regulatory developments that could influence performance.