Grupo Supervielle (NYSE:SUPV - Get Free Report) was upgraded by equities research analysts at StockNews.com from a "sell" rating to a "hold" rating in a report released on Sunday.
A number of other brokerages have also recently commented on SUPV. Morgan Stanley raised Grupo Supervielle from an "underweight" rating to an "overweight" rating and set a $19.00 price target on the stock in a research report on Monday, December 16th. JPMorgan Chase & Co. raised shares of Grupo Supervielle from an "underweight" rating to a "neutral" rating and set a $15.00 price objective on the stock in a report on Thursday, December 12th.
Check Out Our Latest Stock Analysis on SUPV
Grupo Supervielle Stock Performance
SUPV traded down $0.34 during midday trading on Friday, reaching $11.81. The company had a trading volume of 1,271,315 shares, compared to its average volume of 1,242,326. Grupo Supervielle has a 12-month low of $5.00 and a 12-month high of $19.75. The business has a 50-day moving average price of $13.61 and a two-hundred day moving average price of $12.75. The stock has a market cap of $1.05 billion, a PE ratio of 16.40 and a beta of 1.80. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.86 and a current ratio of 0.86.
Institutional Trading of Grupo Supervielle
A number of institutional investors have recently added to or reduced their stakes in SUPV. BNP Paribas Financial Markets increased its position in shares of Grupo Supervielle by 449.1% during the third quarter. BNP Paribas Financial Markets now owns 61,303 shares of the company's stock valued at $436,000 after buying an additional 50,138 shares during the period. Verition Fund Management LLC purchased a new position in Grupo Supervielle during the third quarter valued at approximately $324,000. Benjamin Edwards Inc. bought a new stake in Grupo Supervielle during the 3rd quarter worth approximately $283,000. Centiva Capital LP purchased a new stake in Grupo Supervielle in the 3rd quarter worth approximately $127,000. Finally, Point72 Asset Management L.P. bought a new position in Grupo Supervielle in the 3rd quarter valued at $995,000.
About Grupo Supervielle
(
Get Free Report)
Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.
Further Reading
Before you consider Grupo Supervielle, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grupo Supervielle wasn't on the list.
While Grupo Supervielle currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
