Banco Bilbao Vizcaya Argentaria SA (BBVA) Receives $6.75 Consensus Target Price from Brokerages

Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) has been assigned an average rating of “Hold” from the seven research firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $6.75.

A number of research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a report on Monday, January 14th. HSBC lowered shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Tuesday, January 15th. Deutsche Bank upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Monday, April 1st. Finally, ValuEngine upgraded shares of Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a report on Wednesday, May 1st.

Shares of BBVA stock traded down $0.08 on Monday, reaching $5.70. The company had a trading volume of 109,602 shares, compared to its average volume of 3,283,292. The stock has a market capitalization of $37.53 billion, a P/E ratio of 6.49, a price-to-earnings-growth ratio of 3.52 and a beta of 0.99. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria has a one year low of $4.99 and a one year high of $8.18.

The firm also recently disclosed a semiannual dividend, which was paid on Monday, April 29th. Investors of record on Tuesday, April 9th were issued a $0.1821 dividend. The ex-dividend date of this dividend was Monday, April 8th. This represents a yield of 6.02%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is presently 32.95%.

A number of hedge funds and other institutional investors have recently modified their holdings of BBVA. US Bancorp DE increased its position in Banco Bilbao Vizcaya Argentaria by 0.6% during the 1st quarter. US Bancorp DE now owns 1,096,066 shares of the bank’s stock valued at $6,280,000 after purchasing an additional 6,594 shares during the period. Greenleaf Trust increased its position in Banco Bilbao Vizcaya Argentaria by 149.1% during the 1st quarter. Greenleaf Trust now owns 34,658 shares of the bank’s stock valued at $199,000 after purchasing an additional 20,743 shares during the period. Keybank National Association OH increased its position in Banco Bilbao Vizcaya Argentaria by 53.0% during the 1st quarter. Keybank National Association OH now owns 324,751 shares of the bank’s stock valued at $1,861,000 after purchasing an additional 112,502 shares during the period. JPMorgan Chase & Co. increased its position in Banco Bilbao Vizcaya Argentaria by 2,144.7% during the 1st quarter. JPMorgan Chase & Co. now owns 144,736 shares of the bank’s stock valued at $829,000 after purchasing an additional 138,288 shares during the period. Finally, Raymond James & Associates increased its position in Banco Bilbao Vizcaya Argentaria by 23.2% during the 1st quarter. Raymond James & Associates now owns 47,171 shares of the bank’s stock valued at $270,000 after purchasing an additional 8,875 shares during the period.

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, 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 (NYSE:BBVA)

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