Shares of BBVA Banco Frances SA (NYSE:BFR) have been given an average broker rating score of 3.00 (Hold) from the three analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong sell recommendation, one has given a hold recommendation and one has issued a strong buy recommendation on the company.
Analysts have set a 12 month consensus price objective of $23.33 for the company and are anticipating that the company will post $0.47 earnings per share for the current quarter, according to Zacks. Zacks has also assigned BBVA Banco Frances SA an industry rank of 73 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised BBVA Banco Frances SA from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 26th.
BBVA Banco Frances SA (NYSE:BFR) traded up 0.52% during midday trading on Wednesday, reaching $19.31. The company’s stock had a trading volume of 14,816 shares. The firm has a market cap of $3.46 billion, a price-to-earnings ratio of 12.01 and a beta of 1.48. The company’s 50-day moving average is $19.92 and its 200 day moving average is $20.32. BBVA Banco Frances SA has a 12-month low of $14.56 and a 12-month high of $25.35.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Exane Derivatives boosted its position in BBVA Banco Frances SA by 4.2% in the first quarter. Exane Derivatives now owns 7,188 shares of the company’s stock worth $144,000 after buying an additional 288 shares in the last quarter. James Investment Research Inc. acquired a new position in BBVA Banco Frances SA during the second quarter worth approximately $200,000. World Asset Management Inc boosted its position in BBVA Banco Frances SA by 8.1% in the second quarter. World Asset Management Inc now owns 11,109 shares of the company’s stock worth $229,000 after buying an additional 835 shares in the last quarter. Eqis Capital Management Inc. boosted its position in BBVA Banco Frances SA by 13.0% in the second quarter. Eqis Capital Management Inc. now owns 12,180 shares of the company’s stock worth $251,000 after buying an additional 1,398 shares in the last quarter. Finally, Guggenheim Capital LLC boosted its position in BBVA Banco Frances SA by 1.5% in the second quarter. Guggenheim Capital LLC now owns 17,922 shares of the company’s stock worth $370,000 after buying an additional 266 shares in the last quarter. 6.06% of the stock is currently owned by hedge funds and other institutional investors.
BBVA Banco Frances SA Company Profile
BBVA Banco Frances SA (the Bank) is a provider of financial services to large corporations, small and medium-size companies (SMEs), as well as individual customers. The Bank is focused on the financial sector, through its activities related to banking/financial, pension fund manager and insurance. The Bank has all its operations, property and customers located in Argentina.
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