Grupo Supervielle S.A. (NYSE:SUPV) Given Consensus Rating of “Hold” by Brokerages

Shares of Grupo Supervielle S.A. (NYSE:SUPV) have been given an average rating of “Hold” by the five ratings firms that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $14.6667.

A number of analysts have issued reports on SUPV shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Grupo Supervielle in a report on Thursday, November 13th. JPMorgan Chase & Co. raised shares of Grupo Supervielle from an “underweight” rating to a “neutral” rating and boosted their target price for the stock from $5.00 to $12.00 in a research report on Tuesday, October 28th. Wall Street Zen cut shares of Grupo Supervielle from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. UBS Group began coverage on shares of Grupo Supervielle in a research report on Wednesday. They issued a “neutral” rating and a $13.00 price target on the stock. Finally, Citigroup upgraded shares of Grupo Supervielle from a “neutral” rating to a “buy” rating in a report on Monday, November 3rd.

Institutional Trading of Grupo Supervielle

A number of hedge funds have recently modified their holdings of SUPV. Sparta 24 Ltd. acquired a new stake in shares of Grupo Supervielle during the 2nd quarter worth approximately $27,000. LJI Wealth Management LLC bought a new position in Grupo Supervielle in the third quarter worth $57,000. Schonfeld Strategic Advisors LLC bought a new position in Grupo Supervielle in the third quarter worth $91,000. Centiva Capital LP acquired a new stake in Grupo Supervielle during the third quarter worth $101,000. Finally, Cetera Investment Advisers bought a new stake in Grupo Supervielle in the 1st quarter valued at $268,000.

Grupo Supervielle Trading Down 2.1%

Shares of NYSE:SUPV opened at $10.81 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 0.96. The stock’s 50-day moving average is $7.72 and its 200-day moving average is $10.01. The company has a market cap of $957.23 million, a P/E ratio of 16.38, a P/E/G ratio of 23.32 and a beta of 1.65. Grupo Supervielle has a 52-week low of $4.54 and a 52-week high of $19.75.

About Grupo Supervielle

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.