Trade Report: The Brokerages Set BBVA (BBVA) Target Price at $6.20

The Brokerages Set BBVA (BBVA) Target Price at $6.20

BBVA (BME:BBVA) has been given an average rating of “Hold” by the seventeen analysts that are currently covering the company. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is €6.20 ($6.67).

BBVA has been the topic of a number of recent analyst reports. Deutsche Bank AG set a €5.55 ($5.97) price target on shares of BBVA and gave the stock a “neutral” rating in a research report on Tuesday, October 18th. HSBC set a €6.03 ($6.48) price target on shares of BBVA and gave the stock a “neutral” rating in a research report on Wednesday, September 14th. Morgan Stanley set a €7.20 ($7.74) price target on shares of BBVA and gave the stock a “buy” rating in a research report on Friday, October 28th. JPMorgan Chase & Co. set a €6.50 ($6.99) price target on shares of BBVA and gave the stock a “neutral” rating in a research report on Tuesday, November 8th. Finally, Jefferies Group set a €7.00 ($7.53) price target on shares of BBVA and gave the stock a “buy” rating in a research report on Friday, September 23rd.

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