Banco Bilbao Vizcaya Argentaria SA (BBVA) Given Consensus Recommendation of “Hold” by Analysts

Shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) have been given a consensus rating of “Hold” by the twelve ratings firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $9.75.

A number of equities research analysts have recently issued reports on BBVA shares. Zacks Investment Research lowered Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “hold” rating in a research report on Friday, August 25th. BidaskClub raised Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 8th. Finally, ValuEngine lowered Banco Bilbao Vizcaya Argentaria SA from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st.

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Shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) opened at 8.91 on Wednesday. Banco Bilbao Vizcaya Argentaria SA has a 1-year low of $5.78 and a 1-year high of $9.35. The company’s 50 day moving average price is $8.92 and its 200-day moving average price is $8.22. The firm has a market cap of $59.34 billion and a price-to-earnings ratio of 13.46.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last announced its earnings results on Friday, July 28th. The bank reported $0.18 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.18. The company had revenue of $6.96 billion for the quarter. Banco Bilbao Vizcaya Argentaria SA had a return on equity of 9.26% and a net margin of 17.53%. Equities analysts expect that Banco Bilbao Vizcaya Argentaria SA will post $0.61 EPS for the current fiscal year.

A number of large investors have recently bought and sold shares of BBVA. Wells Fargo & Company MN raised its position in Banco Bilbao Vizcaya Argentaria SA by 51.5% during the first quarter. Wells Fargo & Company MN now owns 4,112,984 shares of the bank’s stock valued at $31,300,000 after buying an additional 1,397,254 shares during the period. Eqis Capital Management Inc. acquired a new position in Banco Bilbao Vizcaya Argentaria SA during the first quarter valued at $139,000. Bank of New York Mellon Corp raised its position in Banco Bilbao Vizcaya Argentaria SA by 12.5% during the first quarter. Bank of New York Mellon Corp now owns 274,627 shares of the bank’s stock valued at $2,090,000 after buying an additional 30,443 shares during the period. Suntrust Banks Inc. raised its position in Banco Bilbao Vizcaya Argentaria SA by 6.0% during the first quarter. Suntrust Banks Inc. now owns 157,633 shares of the bank’s stock valued at $1,198,000 after buying an additional 8,938 shares during the period. Finally, Comerica Bank raised its position in Banco Bilbao Vizcaya Argentaria SA by 2.6% during the first quarter. Comerica Bank now owns 464,552 shares of the bank’s stock valued at $3,735,000 after buying an additional 11,631 shares during the period.

Banco Bilbao Vizcaya Argentaria SA Company Profile

Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.

Analyst Recommendations for Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA)

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