Banco Bilbao Viscaya Argentaria S.A. (BBVA) Receives ‘Analyst’ Rating

Banco Bilbao Viscaya Argentaria S.A. (BBVA) : The consensus on Banco Bilbao Viscaya Argentaria S.A. (BBVA) based on 2 analyst recommendation on the company stock is 3.5, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Banco Bilbao Viscaya Argentaria S.A. (BBVA).


Also, Equity analysts at the Brokerage firm Barclays upgrades its rating on Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA). The rating major has initiated the coverage with equal-weight rating on the shares. Earlier, the shares were rated a Underweight by the brokerage firm. The rating by the firm was issued on September 6, 2016.

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA): The stock opened in the green at $5.96 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $6.02 and a low of $5.94 for the day. The stock did not find buyers even at the lows and closed at $6 recording a loss of -0.33%. 3,157,058 shares exchanged hands during the trading day. The stock had closed at $6.02 in the previous days trading.

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 Spains 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 Companys 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 Companys banking and insurance businesses in the region, and the United States, which comprises its business in the United States.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.