Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Raised to “Buy” at StockNews.com

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday.

Other research analysts have also recently issued research reports about the stock. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research note on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 1.1 %

Shares of NYSE BBVA opened at $9.34 on Tuesday. Banco Bilbao Vizcaya Argentaria has a 12 month low of $8.63 and a 12 month high of $12.20. The company has a market cap of $54.53 billion, a P/E ratio of 5.37, a P/E/G ratio of 0.93 and a beta of 1.31. The business’s 50 day moving average is $10.20 and its two-hundred day moving average is $10.35.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Rothschild Investment LLC bought a new position in Banco Bilbao Vizcaya Argentaria during the second quarter worth about $40,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the 2nd quarter worth approximately $43,000. Benjamin F. Edwards & Company Inc. raised its stake in Banco Bilbao Vizcaya Argentaria by 67.8% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock valued at $49,000 after acquiring an additional 1,990 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 48.2% during the 1st quarter. Russell Investments Group Ltd. now owns 5,788 shares of the bank’s stock worth $69,000 after buying an additional 1,882 shares during the last quarter. Finally, Reston Wealth Management LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the third quarter worth approximately $72,000. 2.96% of the stock is owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.