Banco Bilbao Vizcaya Argentaria (BBVA) PT Set at €6.60 by Goldman Sachs Group

Banco Bilbao Vizcaya Argentaria (BME:BBVA) received a €6.60 ($7.67) price target from equities researchers at Goldman Sachs Group in a research report issued on Tuesday. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s target price points to a potential downside of 0.75% from the company’s current price.

BBVA has been the topic of several other reports. Royal Bank of Canada set a €7.30 ($8.49) price target on shares of Banco Bilbao Vizcaya Argentaria and gave the stock a “buy” rating in a research report on Friday, August 17th. Citigroup restated a “buy” rating on shares of Banco Bilbao Vizcaya Argentaria in a research note on Thursday, October 25th. JPMorgan Chase & Co. set a €6.80 ($7.91) price objective on shares of Banco Bilbao Vizcaya Argentaria and gave the stock a “neutral” rating in a research note on Tuesday, September 4th. Credit Suisse Group set a €6.50 ($7.56) price objective on shares of Banco Bilbao Vizcaya Argentaria and gave the stock a “neutral” rating in a research note on Tuesday, August 28th. Finally, Morgan Stanley set a €6.70 ($7.79) price objective on shares of Banco Bilbao Vizcaya Argentaria and gave the stock a “neutral” rating in a research note on Monday, September 10th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of €6.70 ($7.79).

BME:BBVA traded up €0.12 ($0.14) on Tuesday, hitting €6.65 ($7.73). 49,660,000 shares of the company’s stock were exchanged, compared to its average volume of 23,350,000. Banco Bilbao Vizcaya Argentaria has a 52 week low of €6.51 ($7.57) and a 52 week high of €7.93 ($9.22).

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, fixed-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 (BME:BBVA)

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