Banco Bilbao Vizcaya Argentaria S.A. (BBVA) Given Average Recommendation of “Hold” by Brokerages

Banco Bilbao Vizcaya Argentaria S.A. (BME:BBVA) has been given an average recommendation of “Hold” by the seventeen analysts that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is €6.99 ($8.12).

A number of analysts have commented on BBVA shares. UBS Group set a €8.40 ($9.77) price target on shares of Banco Bilbao Vizcaya Argentaria and gave the company a “buy” rating in a research report on Wednesday, July 18th. Royal Bank of Canada set a €7.20 ($8.37) price target on shares of Banco Bilbao Vizcaya Argentaria and gave the company a “buy” rating in a research report on Friday, July 13th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Banco Bilbao Vizcaya Argentaria in a research report on Wednesday, June 20th. Finally, HSBC set a €7.60 ($8.84) price target on shares of Banco Bilbao Vizcaya Argentaria and gave the company a “buy” rating in a research report on Wednesday, June 20th.

BME BBVA traded up €0.12 ($0.14) on Wednesday, reaching €6.65 ($7.73). The company had a trading volume of 49,660,000 shares, compared to its average volume of 23,350,000. Banco Bilbao Vizcaya Argentaria has a fifty-two week low of €6.51 ($7.57) and a fifty-two week high of €7.93 ($9.22).

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. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

Further Reading: What is a Leveraged Buyout (LBO)?

Analyst Recommendations for Banco Bilbao Vizcaya Argentaria (BME:BBVA)

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