Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Lifted to Sell at ValuEngine

ValuEngine upgraded shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) from a strong sell rating to a sell rating in a research report sent to investors on Thursday, ValuEngine reports.

A number of other brokerages have also weighed in on BBVA. Societe Generale lowered Banco Bilbao Vizcaya Argentaria from a hold rating to a sell rating in a research report on Wednesday, June 26th. Zacks Investment Research raised Banco Bilbao Vizcaya Argentaria from a sell rating to a hold rating in a research report on Thursday, July 25th. Finally, Credit Suisse Group lowered Banco Bilbao Vizcaya Argentaria from a neutral rating to an underperform rating in a research report on Wednesday, June 12th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. Banco Bilbao Vizcaya Argentaria has a consensus rating of Hold and a consensus target price of $6.75.

NYSE BBVA traded up $0.04 on Thursday, reaching $5.02. 5,565,930 shares of the stock traded hands, compared to its average volume of 3,239,619. The stock’s fifty day simple moving average is $5.47. The company has a market cap of $33.21 billion, a P/E ratio of 5.70, a price-to-earnings-growth ratio of 3.05 and a beta of 0.98. Banco Bilbao Vizcaya Argentaria has a 12 month low of $4.96 and a 12 month high of $7.04.

Large investors have recently made changes to their positions in the company. Evolution Wealth Advisors LLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at $25,000. Cornerstone Advisors Inc. increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 173.7% in the 1st quarter. Cornerstone Advisors Inc. now owns 4,609 shares of the bank’s stock valued at $26,000 after acquiring an additional 2,925 shares during the period. Parallel Advisors LLC increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 259.3% in the 1st quarter. Parallel Advisors LLC now owns 8,121 shares of the bank’s stock valued at $47,000 after acquiring an additional 5,861 shares during the period. Lindbrook Capital LLC increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 30.8% in the 2nd quarter. Lindbrook Capital LLC now owns 9,146 shares of the bank’s stock valued at $50,000 after acquiring an additional 2,156 shares during the period. Finally, South Texas Money Management Ltd. purchased a new position in shares of Banco Bilbao Vizcaya Argentaria in the 1st quarter valued at $58,000. Institutional investors and hedge funds own 2.86% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Company Profile

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, 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.

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

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