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.