Banco BBVA Argentina SA (NYSE: BBAR) stock suffered a major decline of -10.1% on 5/23/24. The shares closed at $9.62. Moreover, unusually high trading volume at 167% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -17.3% 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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Banco BBVA Argentina has a good Appreciation Score of 83 and a very high Power Rating of 100, producing 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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