Grupo Supervielle (NYSE:SUPV) Now Covered by UBS Group

Investment analysts at UBS Group started coverage on shares of Grupo Supervielle (NYSE:SUPV) in a report released on Wednesday. The firm set a “neutral” rating and a $13.00 price target on the stock. UBS Group’s price target indicates a potential upside of 19.61% from the stock’s previous close.

SUPV has been the subject of a number of other reports. Wall Street Zen downgraded shares of Grupo Supervielle from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. Citigroup raised Grupo Supervielle from a “neutral” rating to a “buy” rating in a report on Monday, November 3rd. JPMorgan Chase & Co. raised Grupo Supervielle from an “underweight” rating to a “neutral” rating and upped their target price for the company from $5.00 to $12.00 in a report on Tuesday, October 28th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Grupo Supervielle in a research report on Thursday, November 13th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $14.67.

Grupo Supervielle Stock Performance

Shares of SUPV opened at $10.87 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.38. Grupo Supervielle has a 52-week low of $4.54 and a 52-week high of $19.75. The company has a 50-day simple moving average of $7.72 and a 200-day simple moving average of $10.01. The company has a market capitalization of $962.28 million, a PE ratio of 16.62, a P/E/G ratio of 23.32 and a beta of 1.65.

Institutional Investors Weigh In On Grupo Supervielle

Hedge funds have recently modified their holdings of the company. Kiker Wealth Management LLC purchased a new stake in Grupo Supervielle in the 2nd quarter worth approximately $1,345,000. Titan Global Capital Management USA LLC purchased a new position in shares of Grupo Supervielle during the 1st quarter worth $670,000. Banco BTG Pactual S.A. acquired a new stake in shares of Grupo Supervielle during the first quarter worth $1,450,000. Cubist Systematic Strategies LLC grew its position in shares of Grupo Supervielle by 971.8% in the first quarter. Cubist Systematic Strategies LLC now owns 441,798 shares of the company’s stock valued at $5,770,000 after purchasing an additional 400,579 shares during the period. Finally, Ping Capital Management Inc. increased its stake in Grupo Supervielle by 52.3% in the second quarter. Ping Capital Management Inc. now owns 184,300 shares of the company’s stock valued at $1,952,000 after purchasing an additional 63,300 shares during the last quarter.

Grupo Supervielle Company Profile

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.