Banco Bilbao Vizcaya Argentaria (BBVA) Given a €6.50 Price Target at Royal Bank of Canada

Banco Bilbao Vizcaya Argentaria (BME:BBVA) has been given a €6.50 ($7.56) price target by equities research analysts at Royal Bank of Canada in a note issued to investors on Tuesday, October 23rd. The brokerage presently has a “buy” rating on the stock. Royal Bank of Canada’s price objective suggests a potential downside of 2.26% from the company’s previous close.

Several other equities research analysts have also commented on the company. Morgan Stanley set a €6.70 ($7.79) price objective on Banco Bilbao Vizcaya Argentaria and gave the stock a “neutral” rating in a research report on Monday, September 10th. Goldman Sachs Group set a €7.40 ($8.60) price objective on Banco Bilbao Vizcaya Argentaria and gave the stock a “neutral” rating in a research report on Wednesday, August 15th. HSBC set a €6.90 ($8.02) price objective on Banco Bilbao Vizcaya Argentaria and gave the stock a “buy” rating in a research report on Tuesday, October 9th. Deutsche Bank set a €6.70 ($7.79) price objective on Banco Bilbao Vizcaya Argentaria and gave the stock a “neutral” rating in a research report on Tuesday, September 18th. Finally, UBS Group set a €8.30 ($9.65) price objective on Banco Bilbao Vizcaya Argentaria and gave the stock a “buy” rating in a research report on Monday, August 13th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company’s stock. Banco Bilbao Vizcaya Argentaria currently has an average rating of “Hold” and an average target price of €6.36 ($7.40).

Banco Bilbao Vizcaya Argentaria stock traded up €0.12 ($0.14) during mid-day trading on Tuesday, hitting €6.65 ($7.73). The company had a trading volume of 49,660,000 shares, compared to its average volume of 23,350,000. Banco Bilbao Vizcaya Argentaria has a 12-month low of €6.51 ($7.57) and a 12-month high of €7.93 ($9.22).

About Banco Bilbao Vizcaya Argentaria

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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