HSBC Reiterates €5.50 Price Target for Banco Bilbao Vizcaya Argentaria (BME:BBVA)

HSBC set a €5.50 ($6.40) price target on Banco Bilbao Vizcaya Argentaria (BME:BBVA) in a research note published on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

BBVA has been the subject of a number of other research reports. JPMorgan Chase & Co. reissued a top pick rating on shares of in a report on Thursday, July 4th. Credit Suisse Group began coverage on shares of Eaton Vance in a report on Wednesday, June 12th. They issued a neutral rating and a $44.00 price objective for the company. Royal Bank of Canada dropped their price objective on shares of Patterson-UTI Energy to $21.00 and set an outperform rating for the company in a report on Tuesday, June 18th. UBS Group lowered shares of CR AGRICOLE S A/ADR from a buy rating to a neutral rating in a report on Monday, May 20th. Finally, Jefferies Financial Group began coverage on shares of in a report on Wednesday, July 3rd. They issued an underperform rating for the company. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. Banco Bilbao Vizcaya Argentaria presently has an average rating of Hold and a consensus target price of €5.61 ($6.53).

Banco Bilbao Vizcaya Argentaria has a 12-month low of €6.51 ($7.57) and a 12-month 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, 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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