Banco Bilbao Vizcaya Argentaria (BME:BBVA) Given a €5.50 Price Target at Barclays

Barclays set a €5.50 ($6.40) price target on Banco Bilbao Vizcaya Argentaria (BME:BBVA) in a research report released on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other research firms also recently issued reports on BBVA. Credit Suisse Group set a €4.50 ($5.23) price objective on shares of Banco Bilbao Vizcaya Argentaria and gave the stock a sell rating in a report on Tuesday, July 16th. UBS Group set a €5.80 ($6.74) price target on shares of Banco Bilbao Vizcaya Argentaria and gave the company a buy rating in a report on Wednesday. Jefferies Financial Group set a €5.30 ($6.16) price target on shares of Banco Bilbao Vizcaya Argentaria and gave the company a neutral rating in a report on Wednesday, July 3rd. HSBC set a €5.50 ($6.40) price target on shares of Banco Bilbao Vizcaya Argentaria and gave the company a neutral rating in a report on Tuesday, July 9th. Finally, Royal Bank of Canada set a €6.40 ($7.44) price target on shares of Banco Bilbao Vizcaya Argentaria and gave the company a buy rating in a report on Wednesday. Four research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. Banco Bilbao Vizcaya Argentaria presently has a consensus rating of Hold and an average price target of €5.46 ($6.34).

Banco Bilbao Vizcaya Argentaria has a 1-year low of €6.51 ($7.57) and a 1-year high of €7.93 ($9.22).

Banco Bilbao Vizcaya Argentaria Company Profile

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.

Further Reading: Cost of equity and a company’s balance sheet

Analyst Recommendations for Banco Bilbao Vizcaya Argentaria (BME:BBVA)

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