Analysts Expect Grupo Supervielle SA -ADR (NASDAQ:SUPV) to Post $0.33 Earnings Per Share
Shares of Grupo Supervielle SA -ADR (NASDAQ:SUPV) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.
Brokerages have set a 12-month consensus target price of $15.50 for the company and are anticipating that the company will post $0.33 earnings per share for the current quarter, according to Zacks. Zacks has also given Grupo Supervielle SA -ADR an industry rank of 51 out of 265 based on the ratings given to related companies.
A number of research firms have recently weighed in on SUPV. Zacks Investment Research downgraded shares of Grupo Supervielle SA -ADR from a “hold” rating to a “sell” rating in a report on Thursday, September 1st. Morgan Stanley reaffirmed an “overweight” rating and set a $16.00 price target on shares of Grupo Supervielle SA -ADR in a research note on Monday, June 13th. Raymond James Financial Inc. initiated coverage on shares of Grupo Supervielle SA -ADR in a research note on Tuesday, July 19th. They set an “outperform” rating and a $17.00 price target for the company. Finally, Bank of America Corp. initiated coverage on shares of Grupo Supervielle SA -ADR in a research note on Monday, June 13th. They set a “buy” rating for the company.
A hedge fund recently bought a new stake in Grupo Supervielle SA -ADR stock. Nomura Holdings Inc. purchased a new position in Grupo Supervielle SA -ADR (NASDAQ:SUPV) during the second quarter, according to its most recent filing with the SEC. The fund purchased 12,100 shares of the company’s stock, valued at approximately $154,000.
Grupo Supervielle SA -ADR (NASDAQ:SUPV) opened at 14.81 on Wednesday. The firm’s 50 day moving average is $14.16 and its 200-day moving average is $13.17. The company has a market cap of $5.39 billion and a P/E ratio of 42.19. Grupo Supervielle SA -ADR has a 52 week low of $10.00 and a 52 week high of $16.16.
About Grupo Supervielle SA -ADR
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.
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