On 8/2/24, Banco BBVA Argentina SA (NYSE: BBAR) stock suffered a major decline of -13.2%, closing at $7.83. This decline was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -9.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, BBAR is expected to continue to be a major Value Builder.
Banco BBVA Argentina has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Banco BBVA Argentina has a very high Appreciation Score of 91 and a very high Power Rating of 98, leading to the Highest Value Trend Rating.
Rating Review
In light of this highly negative 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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