Zacks Investment Research upgraded shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) from a hold rating to a buy rating in a report issued on Monday morning. They currently have $9.75 price objective on the bank’s stock.

According to Zacks, “Banco Bilbao Vizcaya is engaged in a wide variety of banking, financial and related activities in Spain. “

Several other equities research analysts have also issued reports on BBVA. BidaskClub raised shares of Banco Bilbao Vizcaya Argentaria SA from a buy rating to a strong-buy rating in a research report on Tuesday, August 8th. ValuEngine raised shares of Banco Bilbao Vizcaya Argentaria SA from a buy rating to a strong-buy rating in a report on Monday, July 24th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of $9.75.

Shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) opened at 8.85 on Monday. The stock has a market capitalization of $58.94 billion and a PE ratio of 13.09. The stock’s 50 day moving average is $8.91 and its 200 day moving average is $8.29. Banco Bilbao Vizcaya Argentaria SA has a 52-week low of $5.78 and a 52-week high of $9.35.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last released its quarterly earnings data on Friday, July 28th. The bank reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. Banco Bilbao Vizcaya Argentaria SA had a net margin of 17.53% and a return on equity of 9.26%. The company had revenue of $6.96 billion during the quarter. Equities research analysts expect that Banco Bilbao Vizcaya Argentaria SA will post $0.61 earnings per share for the current fiscal year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of BBVA. Ronald Blue & Co. LLC bought a new position in Banco Bilbao Vizcaya Argentaria SA during the 1st quarter valued at $100,000. Johnson Financial Group LLC boosted its stake in Banco Bilbao Vizcaya Argentaria SA by 10.8% during the 1st quarter. Johnson Financial Group LLC now owns 14,225 shares of the bank’s stock valued at $108,000 after acquiring an additional 1,382 shares during the last quarter. CAPROCK Group Inc. bought a new position in Banco Bilbao Vizcaya Argentaria SA during the 2nd quarter valued at $109,000. Proficio Capital Partners LLC boosted its stake in Banco Bilbao Vizcaya Argentaria SA by 59.4% during the 1st quarter. Proficio Capital Partners LLC now owns 13,103 shares of the bank’s stock valued at $110,000 after acquiring an additional 4,884 shares during the last quarter. Finally, Stratos Wealth Partners LTD. bought a new position in Banco Bilbao Vizcaya Argentaria SA during the 1st quarter valued at $125,000.

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.

Analyst Recommendations for Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA)

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