J P Morgan Chase & Co Reiterates “€8.85” Price Target for Banco Bilbao Vizcaya Argentaria S.A. (BBVA)

J P Morgan Chase & Co set a €8.85 ($10.41) price objective on Banco Bilbao Vizcaya Argentaria S.A. (BME:BBVA) in a research note published on Friday, July 28th. The firm currently has a buy rating on the stock.

Other analysts have also recently issued reports about the stock. Morgan Stanley set a €7.70 ($9.06) target price on shares of Banco Bilbao Vizcaya Argentaria and gave the company a buy rating in a report on Friday, April 28th. Royal Bank Of Canada reissued a buy rating on shares of Banco Bilbao Vizcaya Argentaria in a research note on Thursday, April 27th. Deutsche Bank AG set a €6.90 ($8.12) price objective on shares of Banco Bilbao Vizcaya Argentaria and gave the stock a neutral rating in a research note on Friday, April 21st. Goldman Sachs Group, Inc. (The) set a €6.50 ($7.65) price objective on shares of Banco Bilbao Vizcaya Argentaria and gave the stock a neutral rating in a research note on Wednesday, April 12th. Finally, UBS AG set a €7.40 ($8.71) price objective on shares of Banco Bilbao Vizcaya Argentaria and gave the stock a neutral rating in a research note on Friday, May 5th. Six research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of €6.81 ($8.01).

Banco Bilbao Vizcaya Argentaria (BME BBVA) opened at 9.24 on Friday. Banco Bilbao Vizcaya Argentaria has a 1-year low of $5.67 and a 1-year high of $9.35. The company has a 50-day moving average of $8.67 and a 200-day moving average of $7.79. The stock has a market capitalization of $61.54 billion and a price-to-earnings ratio of 14.06.

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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, fixed-term deposits, subordinated deposits, and other accounts. Its loan products include mortgage secured loans, other loans secured with security interest, unsecured loans, credit lines, and commercial credits; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.