Alert: Major Price Advance (11/20/23)-Banco BBVA Argentina SA (NYSE: BBAR).

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Banco BBVA Argentina SA (NYSE: BBAR) stock closed at $5.23 on 11/20/23 after a major increase of 18.6%. The stock has risen 24.2% during the last week and has been strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

BBAR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

Banco BBVA Argentina has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Banco BBVA Argentina has a slightly positive Power Rating of 69 and a very high Appreciation Score of 95, resulting in the Highest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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