Grupo Supervielle (NYSE:SUPV) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.
A number of other brokerages have also recently commented on SUPV. Zacks Investment Research cut Grupo Supervielle from a “hold” rating to a “sell” rating in a research note on Friday, January 5th. BidaskClub cut Grupo Supervielle from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 28th. JPMorgan Chase & Co. began coverage on Grupo Supervielle in a research note on Tuesday, November 21st. They set an “overweight” rating and a $29.00 price objective on the stock. Finally, UBS Group boosted their price objective on Grupo Supervielle from $24.00 to $26.00 and gave the stock a “buy” rating in a research note on Thursday, September 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $26.33.
Grupo Supervielle (SUPV) opened at $31.66 on Friday. The company has a market capitalization of $2,120.00 and a PE ratio of 21.68. Grupo Supervielle has a one year low of $13.30 and a one year high of $31.88.
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About Grupo Supervielle
Grupo Supervielle SA is an Argentina-based holding company primarily engaged in the financial sector. The Company provides services through numerous subsidiaries, such as Banco Supervielle SA, that offers bank services, mainly to individuals and commercial customers; Cordial Compania Financiera SA, which focuses on credit card issuing, as well as providing consumer loans and insurance for Wal-Mart Argentina customers; Tarjeta Automatica SA, which issues and administrates credit cards; Cordial Microfinanzas SA, that offers financing for urban micro-enterprises; Supervielle Seguros SA, which sells insurance products; Supervielle Asset Management Sociedad Gerente de FCI SA, which manages investment funds, and Espacio Cordial Servicios SA, that distributes audio and video equipment, computers, home appliance and air conditioning units, among others.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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