Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) gapped down before the market opened on Tuesday . The stock had previously closed at $9.06, but opened at $8.87. Banco Bilbao Vizcaya Argentaria SA shares last traded at $8.59, with a volume of 3,660,435 shares traded.

Several equities research analysts have recently commented on BBVA shares. BidaskClub raised Banco Bilbao Vizcaya Argentaria SA from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. ValuEngine lowered Banco Bilbao Vizcaya Argentaria SA from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Zacks Investment Research raised Banco Bilbao Vizcaya Argentaria SA from a “hold” rating to a “buy” rating and set a $10.00 price target on the stock in a research note on Monday, August 28th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $10.00.

The stock’s 50 day moving average price is $8.92 and its 200-day moving average price is $8.16. The company has a market cap of $57.81 billion and a PE ratio of 13.11.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last issued its earnings results on Friday, July 28th. The bank reported $0.18 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.18. The firm had revenue of $6.96 billion during the quarter. Banco Bilbao Vizcaya Argentaria SA had a net margin of 17.53% and a return on equity of 9.26%. On average, equities research analysts forecast that Banco Bilbao Vizcaya Argentaria SA will post $0.61 earnings per share for the current year.

A number of large investors have recently modified their holdings of the stock. Boyd Watterson Asset Management LLC OH boosted its holdings in Banco Bilbao Vizcaya Argentaria SA by 0.4% during the second quarter. Boyd Watterson Asset Management LLC OH now owns 19,030 shares of the bank’s stock worth $159,000 after buying an additional 67 shares in the last quarter. Cypress Wealth Advisors LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria SA by 0.4% during the first quarter. Cypress Wealth Advisors LLC now owns 39,579 shares of the bank’s stock worth $301,000 after buying an additional 152 shares in the last quarter. Cadence Bank NA boosted its holdings in Banco Bilbao Vizcaya Argentaria SA by 1.0% during the second quarter. Cadence Bank NA now owns 36,443 shares of the bank’s stock worth $305,000 after buying an additional 370 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Banco Bilbao Vizcaya Argentaria SA by 1.0% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 42,936 shares of the bank’s stock worth $327,000 after buying an additional 421 shares in the last quarter. Finally, Eqis Capital Management Inc. boosted its holdings in Banco Bilbao Vizcaya Argentaria SA by 2.8% during the second quarter. Eqis Capital Management Inc. now owns 18,811 shares of the bank’s stock worth $157,000 after buying an additional 506 shares in the last quarter.

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About Banco Bilbao Vizcaya Argentaria SA

Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.

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