Scotiabank upgraded Grupo Aval Acciones y Valores SA (NYSE:AVAL) to Outperform in a statement released earlier today.
- Updated: October 2, 2016
Scotiabank has upgraded Grupo Aval Acciones y Valores SA (NYSE:AVAL) to Outperform in a statement released on 9/28/2016.
On 09/26/2016, Zacks Investment Research released a statement for Grupo Aval Acciones y Valores SA (NYSE:AVAL) bumped up the target price from $0.00 to $9.50 that suggested an upside of 0.13%.
Boasting a price of $8.38, Grupo Aval Acciones y Valores SA (NYSE:AVAL) traded 2.32% higher on the day. With the last stock price close up 11.05% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Grupo Aval Acciones y Valores SA has recorded a 50-day average of $8.49 and a two hundred day average of $7.95. Trading volume was up over the average, with 456,057 shares of AVAL changing hands over the typical 154,791
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Grupo Aval Acciones y Valores SA has a 52 week low of $5.59 and a 52 week high of $9.04 with a P/E ratio of 12.99 The company’s market cap is currently $0.
In addition to Scotiabank reporting its target price, a total of 4 firms have reported on the stock. The consensus target price is $7.35 with zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
Brief Synopsis About Grupo Aval Acciones y Valores SA (NYSE:AVAL)
Grupo Aval Acciones y Valores SA is a Colombia-based holding company primarily engaged, through its subsidiaries, in the acquisition, purchase and sale of stocks, bonds and other securities of companies active in the financial sector. The Company provides a variety of financial services and products across the Colombian market, ranging from traditional banking services, such as loans and deposits to pension and severance fund management, as well as the provision of legal representation services.The Company owns such subsidiaries as Banco de Bogota SA, Banco Popular SA, among others. In April 2013, the Company acquired BBVA Horizonte Sociedad Administradora de Fondos de Pensiones y Cesantias SA from Banco Bilbao Vizcaya Argentaria SA. In December 2013, Banco Bilbao Vizcaya sold the entirety of its about 98.92% direct and indirect interest in Banco Bilbao Vizacaya Argentaria (Panama) SA (BBVA Panama) to Leasing Bogota SA, Panama, a subsidiary of the Company.
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