The HSBC Analysts Give BBVA (BBVA) a €5.81 Price Target

The HSBC Analysts Give BBVA (BBVA) a €5.81 Price Target

HSBC set a €5.81 ($6.25) price objective on BBVA (BME:BBVA) in a research report released on Wednesday. The firm currently has a neutral rating on the stock.

Several other equities analysts have also issued reports on the company. Citigroup Inc. set a €7.25 ($7.80) target price on BBVA and gave the company a buy rating in a report on Monday, November 7th. Goldman Sachs Group Inc. set a €5.75 ($6.18) target price on BBVA and gave the company a neutral rating in a report on Monday, September 12th. Barclays PLC set a €6.20 ($6.67) target price on BBVA and gave the company a neutral rating in a report on Tuesday, September 6th. S&P Global Inc. set a €7.00 ($7.53) target price on BBVA and gave the company a neutral rating in a report on Thursday, October 27th. Finally, Deutsche Bank AG set a €5.55 ($5.97) target price on BBVA and gave the company a neutral rating in a report on Tuesday, October 18th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. BBVA presently has a consensus rating of Hold and a consensus target price of €6.20 ($6.67).

BBVA (BME:BBVA) opened at 6.15 on Wednesday. The company’s 50 day moving average price is $6.61 and its 200-day moving average price is $6.16. BBVA has a 12-month low of $5.14 and a 12-month high of $8.39. The company has a market capitalization of $42.39 billion and a P/E ratio of 10.03.

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