Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Monday. The brokerage currently has a $9.75 target price on the bank’s stock. Zacks Investment Research‘s price target points to a potential upside of 10.17% from the company’s previous close.

According to Zacks, “Banco Bilbao Vizcaya is engaged in a wide variety of banking, financial and related activities in Spain. “

A number of other research firms also recently weighed in on BBVA. BidaskClub upgraded shares of Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 8th. ValuEngine downgraded shares of Banco Bilbao Vizcaya Argentaria SA from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Three analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. Banco Bilbao Vizcaya Argentaria SA has a consensus rating of “Hold” and a consensus price target of $9.75.

Shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) traded up 0.68% on Monday, hitting $8.85. The stock had a trading volume of 5,352,010 shares. The company has a 50 day moving average price of $8.91 and a 200-day moving average price of $8.25. The stock has a market cap of $58.94 billion and a PE ratio of 13.09. Banco Bilbao Vizcaya Argentaria SA has a 12 month low of $5.78 and a 12 month high of $9.35.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last posted its earnings results on Friday, July 28th. The bank reported $0.18 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.18. Banco Bilbao Vizcaya Argentaria SA had a net margin of 17.53% and a return on equity of 9.26%. The firm had revenue of $6.96 billion for the quarter. On average, equities research analysts anticipate that Banco Bilbao Vizcaya Argentaria SA will post $0.61 earnings per share for the current year.

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A number of large investors have recently modified their holdings of BBVA. Ronald Blue & Co. LLC bought a new position in Banco Bilbao Vizcaya Argentaria SA during the 1st quarter valued at about $100,000. Johnson Financial Group LLC grew its holdings in Banco Bilbao Vizcaya Argentaria SA by 10.8% during the 1st quarter. Johnson Financial Group LLC now owns 14,225 shares of the bank’s stock valued at $108,000 after purchasing an additional 1,382 shares during the last quarter. CAPROCK Group Inc. bought a new position in Banco Bilbao Vizcaya Argentaria SA during the 2nd quarter valued at about $109,000. Proficio Capital Partners LLC grew its holdings in Banco Bilbao Vizcaya Argentaria SA by 59.4% during the 1st quarter. Proficio Capital Partners LLC now owns 13,103 shares of the bank’s stock valued at $110,000 after purchasing an additional 4,884 shares during the last quarter. Finally, Stratos Wealth Partners LTD. bought a new position in Banco Bilbao Vizcaya Argentaria SA during the 1st quarter valued at about $125,000.

Banco Bilbao Vizcaya Argentaria SA Company Profile

Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.

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Analyst Recommendations for Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA)

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