Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Receives Average Recommendation of “Moderate Buy” from Analysts

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVAGet Rating) has been given a consensus recommendation of “Moderate Buy” by the twelve research firms that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $6.22.

BBVA has been the topic of a number of recent analyst reports. Royal Bank of Canada lowered their price target on shares of Banco Bilbao Vizcaya Argentaria from €6.40 ($6.53) to €6.00 ($6.12) in a report on Wednesday, July 6th. StockNews.com downgraded shares of Banco Bilbao Vizcaya Argentaria from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, September 13th. UBS Group decreased their price objective on shares of Banco Bilbao Vizcaya Argentaria from €6.65 ($6.79) to €6.60 ($6.73) and set a “buy” rating for the company in a research report on Friday, July 15th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Banco Bilbao Vizcaya Argentaria from €6.00 ($6.12) to €5.80 ($5.92) in a research report on Thursday, June 9th.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of NYSE:BBVA opened at $4.93 on Monday. Banco Bilbao Vizcaya Argentaria has a twelve month low of $3.93 and a twelve month high of $7.26. The company’s 50 day moving average is $4.53 and its 200 day moving average is $4.94. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.12. The company has a market cap of $31.49 billion, a PE ratio of 4.88 and a beta of 1.36.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVAGet Rating) last issued its quarterly earnings results on Friday, July 29th. The bank reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.18. Banco Bilbao Vizcaya Argentaria had a net margin of 26.49% and a return on equity of 12.60%. The company had revenue of $6.49 billion for the quarter, compared to the consensus estimate of $5.27 billion. On average, sell-side analysts forecast that Banco Bilbao Vizcaya Argentaria will post 0.94 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. LPL Financial LLC raised its position in shares of Banco Bilbao Vizcaya Argentaria by 6.9% during the 2nd quarter. LPL Financial LLC now owns 31,622 shares of the bank’s stock worth $143,000 after purchasing an additional 2,036 shares during the last quarter. Evergreen Capital Management LLC raised its holdings in Banco Bilbao Vizcaya Argentaria by 10.0% in the 1st quarter. Evergreen Capital Management LLC now owns 23,827 shares of the bank’s stock valued at $136,000 after acquiring an additional 2,163 shares during the last quarter. Private Capital Group LLC raised its holdings in Banco Bilbao Vizcaya Argentaria by 22.6% in the 1st quarter. Private Capital Group LLC now owns 12,521 shares of the bank’s stock valued at $71,000 after acquiring an additional 2,309 shares during the last quarter. Qube Research & Technologies Ltd raised its holdings in Banco Bilbao Vizcaya Argentaria by 2.9% in the 1st quarter. Qube Research & Technologies Ltd now owns 82,939 shares of the bank’s stock valued at $472,000 after acquiring an additional 2,363 shares during the last quarter. Finally, M&T Bank Corp raised its holdings in Banco Bilbao Vizcaya Argentaria by 16.7% in the 2nd quarter. M&T Bank Corp now owns 16,868 shares of the bank’s stock valued at $77,000 after acquiring an additional 2,411 shares during the last quarter. Institutional investors and hedge funds own 2.60% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Company Profile

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Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail banking, wholesale banking, and asset management services. It offers current accounts; and demand, savings, overnight, time, term, and subordinated deposits. The company also provides loan products; deals in securities; and manages pension and investment funds.

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

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