Stock Rating Downgrade
The Value Trend Rating for Banco BBVA Argentina SA (NYSE: BBAR) fell significantly of late from A to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Banco BBVA Argentina SA (NYSE: BBAR) stock increased 1.3% on 11/29/24. The shares closed at $16.58. However, trading volume in this advance was exceptionally low at 49% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -5.6% during the last week.
Current PriceTarget Research Rating
Banco BBVA Argentina has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Banco BBVA Argentina has a slightly negative Appreciation Score of 35 but a very high Power Rating of 88, with the High Neutral Value Trend Rating the result.
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