Banco Bilbao Vizcaya Argentaria S.A. (BBVA) Receives Average Recommendation of “Hold” from Analysts
Banco Bilbao Vizcaya Argentaria S.A. (BME:BBVA) has earned an average recommendation of “Hold” from the seventeen research firms that are currently covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is €6.89 ($8.10).
A number of analysts recently issued reports on BBVA shares. Morgan Stanley set a €7.70 ($9.06) price target on Banco Bilbao Vizcaya Argentaria and gave the company a “buy” rating in a report on Friday, April 28th. J P Morgan Chase & Co set a €8.50 ($10.00) price target on Banco Bilbao Vizcaya Argentaria and gave the company a “buy” rating in a report on Wednesday, May 10th. Deutsche Bank AG set a €6.90 ($8.12) price target on Banco Bilbao Vizcaya Argentaria and gave the company a “neutral” rating in a report on Friday, April 21st. Goldman Sachs Group, Inc. (The) set a €6.50 ($7.65) price target on Banco Bilbao Vizcaya Argentaria and gave the company a “neutral” rating in a report on Wednesday, April 12th. Finally, Royal Bank Of Canada reiterated a “buy” rating on shares of Banco Bilbao Vizcaya Argentaria in a report on Thursday, April 27th.
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Banco Bilbao Vizcaya Argentaria (BME BBVA) opened at 9.27 on Tuesday. The stock has a market cap of $61.74 billion and a PE ratio of 14.11. Banco Bilbao Vizcaya Argentaria has a 1-year low of $5.57 and a 1-year high of $9.30. The stock has a 50 day moving average price of $8.58 and a 200-day moving average price of $7.75.
About Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, fixed-term deposits, subordinated deposits, and other accounts. Its loan products include mortgage secured loans, other loans secured with security interest, unsecured loans, credit lines, and commercial credits; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.
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