Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Stock Rating Lowered by Societe Generale

Societe Generale cut shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) from a hold rating to a sell rating in a research report report published on Wednesday, June 26th, Briefing.com Automated Import reports.

Several other equities analysts also recently weighed in on BBVA. ValuEngine downgraded Zosano Pharma from a buy rating to a hold rating in a research report on Wednesday, May 1st. Zacks Investment Research downgraded HEXO from a hold rating to a sell rating in a research report on Wednesday, May 15th. Credit Suisse Group started coverage on Eaton Vance in a report on Wednesday, June 12th. They issued a neutral rating and a $44.00 price target for the company. Finally, Deutsche Bank began coverage on Intuitive Surgical in a research note on Monday, April 1st. They set a buy rating and a $630.00 target price for the company. Four investment analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Banco Bilbao Vizcaya Argentaria presently has a consensus rating of Hold and an average price target of $6.75.

Shares of BBVA stock traded down $0.04 during mid-day trading on Wednesday, reaching $5.43. The stock had a trading volume of 3,133,000 shares, compared to its average volume of 3,515,139. The business has a fifty day moving average of $5.56. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.16. The company has a market cap of $36.87 billion, a price-to-earnings ratio of 6.17, a price-to-earnings-growth ratio of 3.34 and a beta of 0.99. Banco Bilbao Vizcaya Argentaria has a 1-year low of $4.99 and a 1-year high of $7.36.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its earnings results on Monday, April 29th. The bank reported $0.18 EPS for the quarter. The firm had revenue of $6.89 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 9.80% and a net margin of 23.14%. Analysts forecast that Banco Bilbao Vizcaya Argentaria will post 0.71 earnings per share for the current year.

Institutional investors have recently bought and sold shares of the company. YorkBridge Wealth Partners LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 21.2% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 60,076 shares of the bank’s stock valued at $334,000 after purchasing an additional 10,528 shares during the last quarter. Evolution Wealth Advisors LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 2nd quarter valued at about $25,000. Welch Group LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 51.7% during the 2nd quarter. Welch Group LLC now owns 68,348 shares of the bank’s stock valued at $380,000 after acquiring an additional 23,295 shares in the last quarter. Boston Private Wealth LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 2nd quarter valued at about $57,000. Finally, South Texas Money Management Ltd. boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 26.6% during the 2nd quarter. South Texas Money Management Ltd. now owns 12,830 shares of the bank’s stock valued at $71,000 after acquiring an additional 2,697 shares in the last quarter. 2.86% of the stock is owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

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

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