Banco Bilbao Viscaya Argentaria S.A. (BBVA) : Analyst Rating Update

Banco Bilbao Viscaya Argentaria S.A. (BBVA) : 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Banco Bilbao Viscaya Argentaria S.A. (BBVA). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 2 Wall Street Analysts endorse the stock as a Hold with a rating of 3.5.

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.33 and $5.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.42. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.41, notching a gain of 0.76% for the day. The total traded volume was 3,677,416 . The stock had closed at $5.37 on the previous day.

The company shares have dropped -41.60% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $10.75 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $6.16 and the 200 Day Moving Average price is recorded at $6.55.

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a diversified international financial group engaged in retail banking, asset management, private banking and wholesale banking. The Company also has investments in some of Spains companies. BBVA operates through six segments: Banking Activity in Spain, which includes its banking and non-banking businesses in Spain; Real Estate Activity in Spain, which manages the real estate assets accumulated by the Company as a result of the economic crisis in Spain; Eurasia, which covers the Companys retail and wholesale banking businesses in the rest of Europe and Asia; Mexico, which comprises the banking and insurance businesses conducted in Mexico by the BBVA Bancomer financial group; South America, which manages the Companys banking and insurance businesses in the region, and the United States, which comprises its business in the United States.

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