BBVA (BBVA) PT Set at €5.55 by Deutsche Bank AG
BBVA (BME:BBVA) received a €5.55 ($6.10) price target from equities researchers at Deutsche Bank AG in a research note issued on Tuesday. The firm presently has a a “neutral” rating on the stock.
A number of other brokerages have also recently commented on BBVA. JPMorgan Chase & Co. set a €6.25 ($6.87) price target on BBVA and gave the company a “neutral” rating in a research report on Monday, September 19th. BNP Paribas set a €6.50 ($7.14) price objective on BBVA and gave the stock a “buy” rating in a report on Monday, July 4th. Goldman Sachs Group Inc. set a €5.80 ($6.37) price objective on BBVA and gave the stock a “neutral” rating in a report on Tuesday, August 9th. Independent Research GmbH set a €5.60 ($6.15) price objective on BBVA and gave the stock a “neutral” rating in a report on Thursday, June 30th. Finally, Royal Bank Of Canada set a €6.50 ($7.14) price objective on BBVA and gave the stock a “neutral” rating in a report on Tuesday, June 28th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of €5.94 ($6.52).
Shares of BBVA (BME:BBVA) opened at 6.31 on Tuesday. BBVA has a 12-month low of $5.14 and a 12-month high of $9.14. The stock’s 50 day moving average price is $6.12 and its 200 day moving average price is $6.15. The company has a market capitalization of $40.71 billion and a PE ratio of 23.90.
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/2016/10/18/bbva-bbva-pt-set-at-5-55-by-deutsche-bank-ag.html
BBVA 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.
Receive News & Ratings for BBVA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BBVA and related companies with MarketBeat.com's FREE daily email newsletter.