Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Upgraded by Deutsche Bank to “Buy”

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) was upgraded by equities researchers at Deutsche Bank from a “hold” rating to a “buy” rating in a research note issued on Monday, April 1st, The Fly reports.

Several other analysts have also recently weighed in on BBVA. Zacks Investment Research cut Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a report on Monday, January 14th. HSBC cut Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Tuesday, January 15th. Finally, ValuEngine cut Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “strong sell” rating in a report on Friday, March 1st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. Banco Bilbao Vizcaya Argentaria has a consensus rating of “Hold” and a consensus price target of $6.75.

Shares of NYSE BBVA traded down $0.11 during mid-day trading on Monday, reaching $6.04. 2,890,700 shares of the company’s stock were exchanged, compared to its average volume of 3,423,609. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a market cap of $40.06 billion, a P/E ratio of 6.86, a P/E/G ratio of 3.75 and a beta of 0.95. Banco Bilbao Vizcaya Argentaria has a twelve month low of $4.99 and a twelve month high of $8.18.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings data on Friday, February 1st. The bank reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $5.46 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 7.66% and a net margin of 24.54%. Equities analysts anticipate that Banco Bilbao Vizcaya Argentaria will post 0.72 EPS for the current year.

Hedge funds have recently modified their holdings of the stock. Pin Oak Investment Advisors Inc. grew its position in Banco Bilbao Vizcaya Argentaria by 101.6% during the 4th quarter. Pin Oak Investment Advisors Inc. now owns 5,063 shares of the bank’s stock worth $27,000 after acquiring an additional 2,551 shares during the last quarter. Legacy Financial Advisors Inc. grew its position in Banco Bilbao Vizcaya Argentaria by 123.9% during the 4th quarter. Legacy Financial Advisors Inc. now owns 8,658 shares of the bank’s stock worth $46,000 after acquiring an additional 4,791 shares during the last quarter. Lindbrook Capital LLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth $48,000. WealthTrust Arizona LLC grew its position in Banco Bilbao Vizcaya Argentaria by 28.1% during the 4th quarter. WealthTrust Arizona LLC now owns 9,220 shares of the bank’s stock worth $49,000 after acquiring an additional 2,024 shares during the last quarter. Finally, KG&L Capital Management LLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth $55,000.

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, 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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