Banco Bilbao Vizcaya Argentaria S.A. (BME:BBVA) has been given a €8.85 ($10.41) price objective by investment analysts at J P Morgan Chase & Co in a report issued on Tuesday, October 17th. The brokerage currently has a “buy” rating on the stock. J P Morgan Chase & Co’s price target indicates a potential upside of 22.07% from the stock’s current price.
A number of other research analysts have also weighed in on the company. Morgan Stanley set a €8.20 ($9.65) target price on Banco Bilbao Vizcaya Argentaria and gave the company a “neutral” rating in a report on Tuesday, October 17th. Citigroup Inc. set a €7.00 ($8.24) target price on Banco Bilbao Vizcaya Argentaria and gave the company a “sell” rating in a report on Monday, October 16th. Goldman Sachs Group, Inc. (The) set a €7.03 ($8.27) target price on Banco Bilbao Vizcaya Argentaria and gave the company a “neutral” rating in a report on Friday, October 6th. Kepler Capital Markets set a €7.50 ($8.82) price target on Banco Bilbao Vizcaya Argentaria and gave the company a “neutral” rating in a research report on Monday, October 2nd. Finally, Deutsche Bank AG set a €7.30 ($8.59) price target on Banco Bilbao Vizcaya Argentaria and gave the company a “neutral” rating in a research report on Tuesday, September 26th. Five research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of €7.08 ($8.32).
Shares of Banco Bilbao Vizcaya Argentaria (BME BBVA) traded down €0.07 ($0.08) during trading on Tuesday, hitting €7.26 ($8.54). The stock had a trading volume of 31,040,000 shares, compared to its average volume of 54,830,000. Banco Bilbao Vizcaya Argentaria has a 12-month low of €5.67 ($6.67) and a 12-month high of €7.93 ($9.33).
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About Banco Bilbao Vizcaya Argentaria
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.
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