Zacks: Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) Given $5.92 Consensus Price Target by Analysts
Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) has been given a consensus broker rating score of 2.67 (Hold) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and one has assigned a strong buy rating to the company. Banco Bilbao Vizcaya Argentaria SA’s rating score has improved by 23.7% from three months ago as a result of a number of analysts’ upgrades and downgrades.
Brokerages have set a 12-month consensus price objective of $5.92 for the company, according to Zacks. Zacks has also given Banco Bilbao Vizcaya Argentaria SA an industry rank of 79 out of 265 based on the ratings given to its competitors.
A number of research firms have recently commented on BBVA. Zacks Investment Research upgraded shares of Banco Bilbao Vizcaya Argentaria SA from a “sell” rating to a “hold” rating in a research report on Friday, August 19th. Barclays PLC raised shares of Banco Bilbao Vizcaya Argentaria SA from an “underweight” rating to an “equal weight” rating in a report on Tuesday, September 6th. JPMorgan Chase & Co. raised shares of Banco Bilbao Vizcaya Argentaria SA from an “underweight” rating to a “neutral” rating in a report on Thursday, June 16th. Jefferies Group initiated coverage on shares of Banco Bilbao Vizcaya Argentaria SA in a report on Friday, September 23rd. They set a “buy” rating for the company. Finally, HSBC reaffirmed a “hold” rating on shares of Banco Bilbao Vizcaya Argentaria SA in a report on Thursday, September 15th.
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Shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) traded up 0.49% during mid-day trading on Monday, reaching $6.11. The company’s stock had a trading volume of 1,280,708 shares. The firm has a market cap of $39.42 billion and a price-to-earnings ratio of 23.06. The company’s 50-day moving average is $6.07 and its 200 day moving average is $6.18. Banco Bilbao Vizcaya Argentaria SA has a 12 month low of $5.14 and a 12 month high of $9.17.
The business also recently disclosed a dividend, which will be paid on Monday, October 31st. Stockholders of record on Tuesday, October 4th will be issued a dividend of $0.072 per share. The ex-dividend date is Friday, September 30th.
An institutional investor recently raised its position in Banco Bilbao Vizcaya Argentaria SA stock. BNP Paribas Arbitrage SA raised its stake in Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) by 36.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,295 shares of the company’s stock after buying an additional 9,441 shares during the period. BNP Paribas Arbitrage SA’s holdings in Banco Bilbao Vizcaya Argentaria SA were worth $210,000 at the end of the most recent reporting period.
Banco Bilbao Vizcaya Argentaria SA Company Profile
Banco Bilbao Vizcaya Argentaria, SA is a diversified international financial company engaged in retail banking, asset management, private banking and wholesale banking. The Company operates through seven segments: Banking Activity in Spain, Real Estate Activity in Spain, Turkey, Rest of Eurasia, Mexico, South America and United States.
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