Grupo Supervielle S.A. (NYSE:SUPV – Get Free Report) has received an average recommendation of “Hold” from the seven brokerages that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $13.1667.
Several equities analysts have recently commented on SUPV shares. UBS Group reduced their price target on shares of Grupo Supervielle from $13.00 to $11.50 and set a “neutral” rating on the stock in a research report on Friday, July 10th. Wall Street Zen raised Grupo Supervielle from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Grupo Supervielle in a report on Wednesday, July 15th. JPMorgan Chase & Co. lifted their target price on Grupo Supervielle from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Finally, Zacks Research raised shares of Grupo Supervielle from a “strong sell” rating to a “hold” rating in a report on Thursday, May 7th.
Read Our Latest Stock Report on Grupo Supervielle
Grupo Supervielle Price Performance
Institutional Trading of Grupo Supervielle
Several hedge funds have recently made changes to their positions in the stock. UBS Group AG grew its stake in shares of Grupo Supervielle by 38.4% in the fourth quarter. UBS Group AG now owns 785,432 shares of the company’s stock worth $9,284,000 after purchasing an additional 218,039 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in shares of Grupo Supervielle during the fourth quarter valued at about $1,243,000. RWC Asset Management LLP raised its stake in shares of Grupo Supervielle by 58.3% during the fourth quarter. RWC Asset Management LLP now owns 1,178,894 shares of the company’s stock valued at $13,935,000 after purchasing an additional 434,285 shares in the last quarter. Ping Capital Management Inc. lifted its holdings in Grupo Supervielle by 26.0% in the fourth quarter. Ping Capital Management Inc. now owns 434,000 shares of the company’s stock worth $5,130,000 after purchasing an additional 89,500 shares during the period. Finally, Verity Asset Management Inc. acquired a new stake in Grupo Supervielle in the fourth quarter worth about $584,000.
About Grupo Supervielle
Grupo Supervielle (NYSE: SUPV) is a diversified Argentine financial services holding company headquartered in Buenos Aires. Through its principal subsidiary, Banco Supervielle, the group offers retail and commercial banking products including checking and savings accounts, consumer and corporate loans, credit and debit cards, treasury services and foreign exchange solutions. These services cater to individual customers, small and medium-sized enterprises and larger corporates throughout Argentina’s provincial and urban centers.
Beyond traditional banking, Grupo Supervielle operates in insurance and asset management.
Recommended Stories
- Five stocks we like better than Grupo Supervielle
- 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story
- AbbVie Quietly Solved Its Biggest Problem—Now What?
- Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade
- Strategy’s Structural Strength: Hidden in a $8 Billion Illusion
Receive News & Ratings for Grupo Supervielle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Supervielle and related companies with MarketBeat.com's FREE daily email newsletter.
