Grupo Supervielle S.A. (NYSE:SUPV) Stock Has Average Target Price of $13.17

Shares of Grupo Supervielle S.A. (NYSE:SUPV) have been given a consensus recommendation of “Hold” by the six brokerages that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $13.17.

A number of research firms have recently weighed in on SUPV. Zacks Research upgraded shares of Grupo Supervielle from a “hold” rating to a “strong-buy” rating in a report on Friday, October 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Grupo Supervielle in a research note on Tuesday, October 13th.

Grupo Supervielle Price Performance

Shares of SUPV opened at $5.75 on Wednesday. The firm has a market cap of $503.21 million, a PE ratio of -9.12 and a beta of 1.65. The firm’s 50 day moving average price is $7.36 and its 200 day moving average price is $8.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.92. Grupo Supervielle has a twelve month low of $5.45 and a twelve month high of $12.63.

Grupo Supervielle (NYSE:SUPV) last posted its earnings results on Tuesday, June 30th. The company reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $233.55 million during the quarter. Grupo Supervielle had a negative net margin of 3.60% and a negative return on equity of 2.67%. As a group, research analysts expect that Grupo Supervielle will post 0.44 EPS for the current fiscal year.

Hedge Funds Weigh In On Grupo Supervielle

Several institutional investors have recently bought and sold shares of SUPV. Bank of America Corp DE lifted its position in shares of Grupo Supervielle by 285.5% in the first quarter. Bank of America Corp DE now owns 19,397 shares of the company’s stock worth $183,000 after buying an additional 14,365 shares during the last quarter. Engineers Gate Manager LP boosted its stake in shares of Grupo Supervielle by 96.4% during the 2nd quarter. Engineers Gate Manager LP now owns 92,343 shares of the company’s stock worth $892,000 after acquiring an additional 45,325 shares in the last quarter. Finally, Titan Global Capital Management USA LLC increased its holdings in shares of Grupo Supervielle by 5.7% during the 1st quarter. Titan Global Capital Management USA LLC now owns 96,768 shares of the company’s stock valued at $912,000 after acquiring an additional 5,245 shares during the last quarter.

Grupo Supervielle Company Profile

Grupo Supervielle is an Argentina-based financial services holding company serving individuals, small and midsize businesses, and corporate clients. Its businesses provide banking and related services through a range of subsidiaries and brands. Its offerings include personal and commercial banking, deposits, loans, credit cards, payment services, consumer financing, insurance, investment brokerage, and asset management. Banco Supervielle is the group’s principal banking operation, alongside businesses focused on financial and investment services.