Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) has been given an average recommendation of “Hold” by the six brokerages that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $10.00.
A number of research analysts have recently issued reports on BBVA shares. ValuEngine raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 14th. Zacks Investment Research raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating and set a $9.75 price objective on the stock in a research note on Friday, January 5th. Finally, Santander downgraded Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Wednesday, January 17th.
Shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) traded up $0.03 during trading hours on Wednesday, hitting $8.23. The stock had a trading volume of 3,210,000 shares, compared to its average volume of 5,160,000. The firm has a market cap of $54,750.00, a P/E ratio of 13.95, a price-to-earnings-growth ratio of 1.06 and a beta of 1.08. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.05 and a quick ratio of 1.05. Banco Bilbao Vizcaya Argentaria has a 12 month low of $7.20 and a 12 month high of $9.54.
A number of institutional investors have recently modified their holdings of the stock. Harding Loevner LP increased its position in Banco Bilbao Vizcaya Argentaria by 718.0% in the 3rd quarter. Harding Loevner LP now owns 224,278,507 shares of the bank’s stock valued at $58,375,000 after buying an additional 196,859,082 shares in the last quarter. Fisher Asset Management LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 4.3% during the 4th quarter. Fisher Asset Management LLC now owns 40,272,168 shares of the bank’s stock worth $342,313,000 after purchasing an additional 1,674,179 shares in the last quarter. Cambiar Investors LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 0.7% during the 4th quarter. Cambiar Investors LLC now owns 22,935,056 shares of the bank’s stock worth $194,948,000 after purchasing an additional 164,513 shares in the last quarter. BlackRock Inc. increased its holdings in Banco Bilbao Vizcaya Argentaria by 5.2% during the 4th quarter. BlackRock Inc. now owns 4,785,450 shares of the bank’s stock worth $40,676,000 after purchasing an additional 237,112 shares in the last quarter. Finally, Parametric Portfolio Associates LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 13.3% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 4,406,209 shares of the bank’s stock worth $39,303,000 after purchasing an additional 518,676 shares in the last quarter. 3.41% of the stock is owned by institutional investors and hedge funds.
TRADEMARK VIOLATION NOTICE: This piece of content was published by Ticker Report and is the property of of Ticker Report. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States and international copyright law. The correct version of this piece of content can be read at https://www.tickerreport.com/banking-finance/3258057/brokerages-set-banco-bilbao-vizcaya-argentaria-sa-bbva-price-target-at-10-00.html.
Banco Bilbao Vizcaya Argentaria 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.
Receive News & Ratings for Banco Bilbao Vizcaya Argentaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bilbao Vizcaya Argentaria and related companies with MarketBeat.com's FREE daily email newsletter.