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BBVA Banco Frances (NYSE:BFR) hit a new 52-week high during mid-day trading on Thursday , AnalystRatingsNetwork reports. The company traded as high as $12.84 and last traded at $12.61, with a volume of 177,728 shares traded. The stock had previously closed at $12.28.

Separately, analysts at Zacks upgraded shares of BBVA Banco Frances from a “neutral” rating to an “outperform” rating in a research note on Thursday, May 29th. They now have a $10.40 price target on the stock.

The stock’s 50-day moving average is $10.21 and its 200-day moving average is $8.28. The company has a market cap of $2.266 billion and a P/E ratio of 5.88.

BBVA Banco Frances (NYSE:BFR) last announced its earnings results on Thursday, May 22nd. The company reported $1.01 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.37 by $0.64. Analysts expect that BBVA Banco Frances will post $1.78 EPS for the current fiscal year.

BBVA Banco Frances SA (NYSE:BFR) is an Argentina-based bank.

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