Grupo Supervielle S.A. (NYSE:SUPV) Stock Has Consensus Price Target of $13.17 According to Analysts

Grupo Supervielle S.A. (NYSE:SUPV) has been given an average recommendation of “Hold” by the seven analysts that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $13.17.

Several research analysts have issued reports on the company. JPMorgan Chase & Co. upped their price target on Grupo Supervielle from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Zacks Research upgraded Grupo Supervielle from a “hold” rating to a “strong-buy” rating in a report on Friday, October 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Grupo Supervielle in a research report on Tuesday. Finally, UBS Group cut their price objective on Grupo Supervielle from $13.00 to $11.50 and set a “neutral” rating on the stock in a report on Friday, July 10th.

Grupo Supervielle Price Performance

Shares of NYSE SUPV opened at $7.01 on Friday. Grupo Supervielle has a twelve month low of $5.83 and a twelve month high of $13.55. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average of $8.01 and a two-hundred day moving average of $8.89. The company has a market capitalization of $613.70 million, a price-to-earnings ratio of -11.13 and a beta of 1.54.

Grupo Supervielle (NYSE:SUPV) last released its earnings results on Tuesday, June 30th. The company reported $0.10 EPS for the quarter. The business had revenue of $233.55 million during the quarter. Grupo Supervielle had a negative net margin of 3.60% and a negative return on equity of 2.67%. As a group, analysts expect that Grupo Supervielle will post 0.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SUPV. Titan Global Capital Management USA LLC lifted its position in shares of Grupo Supervielle by 5.7% in the 1st quarter. Titan Global Capital Management USA LLC now owns 96,768 shares of the company’s stock valued at $912,000 after acquiring an additional 5,245 shares in the last quarter. Engineers Gate Manager LP boosted its stake in Grupo Supervielle by 96.4% in the 2nd quarter. Engineers Gate Manager LP now owns 92,343 shares of the company’s stock worth $892,000 after purchasing an additional 45,325 shares during the period. Deltec Asset Management LLC acquired a new position in Grupo Supervielle in the 1st quarter worth approximately $438,000. Finally, Bank of America Corp DE raised its stake in Grupo Supervielle by 285.5% during the 1st quarter. Bank of America Corp DE now owns 19,397 shares of the company’s stock valued at $183,000 after purchasing an additional 14,365 shares during the period.

About Grupo Supervielle

Grupo Supervielle SA is an Argentine financial services holding company whose principal business is conducted through Banco Supervielle SA The group provides banking and related financial services to individuals, small and medium-sized businesses, corporate customers and retirees throughout Argentina.

Banco Supervielle offers deposit accounts, personal and commercial loans, mortgage and secured lending, credit and debit cards, payment services, electronic and mobile banking, and investment products.