Zacks: Grupo Supervielle SA -ADR (SUPV) Receives Average Rating of “Strong Buy” from Analysts
Shares of Grupo Supervielle SA -ADR (NASDAQ:SUPV) have been assigned an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.
Brokerages have set a one year consensus target price of $15.50 for the company and are predicting that the company will post $0.33 EPS for the current quarter, according to Zacks. Zacks has also given Grupo Supervielle SA -ADR an industry rank of 66 out of 265 based on the ratings given to its competitors.
Several analysts have recently commented on SUPV shares. Raymond James Financial Inc. started coverage on Grupo Supervielle SA -ADR in a report on Tuesday, July 19th. They issued an “outperform” rating and a $17.00 price target for the company. Zacks Investment Research raised Grupo Supervielle SA -ADR from a “sell” rating to a “hold” rating in a report on Saturday, October 1st.
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Shares of Grupo Supervielle SA -ADR (NASDAQ:SUPV) traded up 1.08% on Tuesday, reaching $15.01. The company’s stock had a trading volume of 19,674 shares. The company has a market capitalization of $5.46 billion and a price-to-earnings ratio of 42.52. Grupo Supervielle SA -ADR has a 1-year low of $10.00 and a 1-year high of $16.16. The stock has a 50-day moving average price of $14.64 and a 200-day moving average price of $13.35.
A hedge fund recently bought a new stake in Grupo Supervielle SA -ADR stock. Nomura Holdings Inc. acquired a new stake in Grupo Supervielle SA -ADR (NASDAQ:SUPV) during the second quarter, according to its most recent disclosure with the SEC. The firm acquired 12,100 shares of the company’s stock, valued at approximately $154,000.
About Grupo Supervielle SA -ADR
Grupo Supervielle SA is an Argentina-based holding company primarily engaged in the financial sector. The Company provides services through numerous subsidiaries, such as Banco Supervielle SA, that offers bank services, mainly to individuals and commercial customers; Cordial Compania Financiera SA, which focuses on credit card issuing, as well as providing consumer loans and insurance for Wal-Mart Argentina customers; Tarjeta Automatica SA, which issues and administrates credit cards; Cordial Microfinanzas SA, that offers financing for urban micro-enterprises; Supervielle Seguros SA, which sells insurance products; Supervielle Asset Management Sociedad Gerente de FCI SA, which manages investment funds, and Espacio Cordial Servicios SA, that distributes audio and video equipment, computers, home appliance and air conditioning units, among others.
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