BBVA Banco Frances (BFR) Trading Up 7.7%
Shares of BBVA Banco Frances S.A. (NYSE:BFR) were up 7.7% during trading on Monday . The stock traded as high as $9.44 and last traded at $9.36. Approximately 839,359 shares traded hands during trading, an increase of 102% from the average daily volume of 414,527 shares. The stock had previously closed at $8.69.
Several analysts have recently commented on BFR shares. TheStreet cut BBVA Banco Frances from a “b-” rating to a “c-” rating in a report on Thursday, July 26th. ValuEngine cut BBVA Banco Frances from a “sell” rating to a “strong sell” rating in a report on Monday, June 18th. Zacks Investment Research upgraded BBVA Banco Frances from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 14th. Finally, Santander lowered BBVA Banco Frances from a “buy” rating to a “hold” rating in a research note on Tuesday, August 7th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $30.00.
The company has a quick ratio of 1.14, a current ratio of 1.15 and a debt-to-equity ratio of 0.22. The company has a market cap of $1.82 billion, a PE ratio of 8.20 and a beta of 0.62.
About BBVA Banco Frances (NYSE:BFR)
BBVA Banco Francés SA, together with its subsidiaries, provides financial services to small and medium enterprises, and individual customers in Spain, Mexico, South America, the United States, Turkey, and rest of Eurasia. The company offers current, checking, and savings accounts, as well as demand and time deposits.
Further Reading: How to Use a Moving Average for Trading
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