Banco Bilbao Vizcaya Argentaria SA (ADR) (BBVA) is Upgraded by JP Morgan to Neutral

Banco Bilbao Vizcaya Argentaria SA (ADR) (BBVA) was Upgraded by JP Morgan to ” Neutral”. Earlier the firm had a rating of “Underweight ” on the company shares. JP Morgan advised their investors in a research report released on Jun 16, 2016.

Banco Bilbao Vizcaya Argentaria SA (ADR) opened for trading at $5.77 and hit $5.84 on the upside on Wednesday, eventually ending the session at $5.73, with a gain of 1.06% or 0.06 points. The heightened volatility saw the trading volume jump to 34,86,346 shares. Company has a market cap of $36,481 M.

Banco Bilbao Vizcaya Argentaria S.A. (BBVA) is a diversified international financial group engaged in retail banking asset management private banking and wholesale banking. The Company also has investments in some of Spain’s companies. BBVA operates through six segments: Banking Activity in Spain which includes its banking and non-banking businesses in Spain; Real Estate Activity in Spain which manages the real estate assets accumulated by the Company as a result of the economic crisis in Spain; Eurasia which covers the Company’s retail and wholesale banking businesses in the rest of Europe and Asia; Mexico which comprises the banking and insurance businesses conducted in Mexico by the BBVA Bancomer financial group; South America which manages the Company’s banking and insurance businesses in the region and the United States which comprises its business in the United States.

Banco Bilbao Vizcaya Argentaria SA (ADR)

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