A report released today by Zacks Investment Research about BBVA Banco Frances S.A. (ADR) (NYSE:BFR) raises the target price to $23.00
- Updated: October 17, 2016
Showing a price of $20.14, BBVA Banco Frances S.A. (ADR) (NYSE:BFR) traded 0.95% higher on the day. The last stock close price is down -0.26% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. BBVA Banco Frances S.A. (ADR) has recorded a 50-day average of $19.92 and a two hundred day average of $20.19. Volume of trade was down over the average, with 53,292 shares of BFR changing hands under the typical 78,217
In a statement issued on 10/17/2016 Zacks Investment Research bumped up the target of BBVA Banco Frances S.A. (ADR) (NYSE:BFR) to $23.00 stating a potential upside of 0.14%.
On Wednesday March 23, 2016, Santander released a statement for BBVA Banco Frances S.A. (ADR) (NYSE:BFR) bumped up the target price from $0.00 to $21.00 that suggested a downside of -0.01%.
With a total market value of $0, BBVA Banco Frances S.A. (ADR) has price-earnings ratio of 12.71 with a one year low of $16.47 and a one year high of $25.35 .
A total of 3 analysts have released a research note on BBVA Banco Frances S.A. (ADR). zero analysts rating the company a strong buy, one analyst rating the company a buy, one analyst rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $23.48.
More About BBVA Banco Frances S.A. (ADR) (NYSE:BFR)
BBVA Banco Frances S.A. (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. As part of its business, the Bank conducts capital markets and securities operations directly in the over-the-counter market and indirectly in Bolsa de Comercio de Buenos Aires (BCBA). Its corporate banking is divided by industry, such as consumer, heavy industries and energy. The Bank's business lines include Retail Banking, Enterprise Banking, and Corporate and Investment Banking. Enterprise Banking offers both short- and long-term financing. The Corporate and Investment Banking business line is concerned with foreign trade transactions, and advice in mergers and acquisitions and in capital market transactions.
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