BBVA Banco Frances SA (NYSE:BFR) has been assigned an average broker rating score of 3.00 (Hold) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell recommendation, one has given a hold recommendation and one has assigned a strong buy recommendation to the company.

Brokers have set a 1-year consensus price target of $23.33 for the company and are expecting that the company will post $0.47 earnings per share for the current quarter, according to Zacks. Zacks has also assigned BBVA Banco Frances SA an industry rank of 73 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research lowered BBVA Banco Frances SA from a “hold” rating to a “sell” rating in a research report on Thursday, May 26th.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/analysts-expect-bbva-banco-frances-sa-nysebfr-to-post-0-47-eps.html

Large investors have recently added to or reduced their stakes in the company. Guggenheim Capital LLC boosted its stake in BBVA Banco Frances SA by 1.5% in the second quarter. Guggenheim Capital LLC now owns 17,922 shares of the company’s stock valued at $370,000 after buying an additional 266 shares during the period. KCG Holdings Inc. acquired a new stake in BBVA Banco Frances SA during the second quarter valued at $412,000. Bienville Capital Management LLC boosted its stake in BBVA Banco Frances SA by 8.2% in the second quarter. Bienville Capital Management LLC now owns 492,403 shares of the company’s stock valued at $10,158,000 after buying an additional 37,198 shares during the period. Global X Management Co. LLC boosted its stake in BBVA Banco Frances SA by 35.0% in the second quarter. Global X Management Co. LLC now owns 133,173 shares of the company’s stock valued at $2,747,000 after buying an additional 34,522 shares during the period. Finally, Exane Derivatives boosted its stake in BBVA Banco Frances SA by 55.6% in the second quarter. Exane Derivatives now owns 11,188 shares of the company’s stock valued at $231,000 after buying an additional 4,000 shares during the period. Institutional investors and hedge funds own 6.06% of the company’s stock.

BBVA Banco Frances SA (NYSE:BFR) traded up 0.52% during trading on Wednesday, hitting $19.31. The company had a trading volume of 14,816 shares. The company’s 50 day moving average price is $19.92 and its 200-day moving average price is $20.32. BBVA Banco Frances SA has a 1-year low of $14.56 and a 1-year high of $25.35. The stock has a market capitalization of $3.46 billion, a price-to-earnings ratio of 12.01 and a beta of 1.48.

BBVA Banco Frances SA Company Profile

BBVA Banco Frances SA (the Bank) is a provider of financial services to large corporations, small and medium-size companies (SMEs), as well as individual customers. The Bank is focused on the financial sector, through its activities related to banking/financial, pension fund manager and insurance. The Bank has all its operations, property and customers located in Argentina.

5 Day Chart for NYSE:BFR

Get a free copy of the Zacks research report on BBVA Banco Frances SA (BFR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for BBVA Banco Frances SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BBVA Banco Frances SA and related companies with MarketBeat.com's FREE daily email newsletter.