Banco BBVA Argentina SA (NYSE: BBAR) stock closed at $7.25 on 3/6/24 after a major increase of 13.1%. Moreover, trading volume in this advance was exceptionally high at 417% of normal. The stock has risen 18.5% during the last week and has performed in line with the market over the last nine months.
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). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Banco BBVA Argentina has a good Power Rating of 73 and a very high Appreciation Score of 94, and the Highest Value Trend Rating results.
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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