Banco Bilbao Vizcaya Argentaria SA (ADR) (BBVA) was Initiated by Jefferies to “Buy”. Jefferies advised their investors in a research report released on Sep 23, 2016.
Banco Bilbao Vizcaya Argentaria SA (ADR) opened for trading at $6.25 and hit $6.26 on the upside on Thursday, eventually ending the session at $6.19, with a gain of 1.98% or 0.12 points. The heightened volatility saw the trading volume jump to 23,13,862 shares. Company has a market cap of $40,111 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.