HSBC set a €6.03 ($6.70) price target on BBVA (BME:BBVA) in a report released on Wednesday. The firm currently has a a neutral rating on the stock.

A number of other brokerages have also recently issued reports on BBVA. Deutsche Bank AG restated a neutral rating and set a target price on shares of BBVA in a research report on Wednesday, June 22nd. BNP Paribas set a €6.50 ($7.22) target price on shares of BBVA and gave the stock a buy rating in a research report on Monday, July 4th. JPMorgan Chase & Co. set a €6.10 ($6.78) target price on shares of BBVA and gave the stock a neutral rating in a research report on Wednesday, July 20th. Goldman Sachs Group Inc. set a €5.80 ($6.44) target price on shares of BBVA and gave the stock a neutral rating in a research report on Tuesday, August 9th. Finally, Independent Research GmbH set a €5.60 ($6.22) target price on shares of BBVA and gave the stock a neutral rating in a research report on Thursday, June 30th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of €6.27 ($6.97).

Shares of BBVA (BME:BBVA) opened at 5.84 on Wednesday. The firm has a 50-day moving average of $5.96 and a 200-day moving average of $6.27. BBVA has a 12-month low of $5.14 and a 12-month high of $9.20. The firm has a market cap of $37.68 billion and a P/E ratio of 21.87.

About BBVA

Banco Bilbao Vizcaya Argentaria, SA is a diversified international financial company engaged in retail banking, asset management, private banking and wholesale banking. The Company operates through seven segments: Banking Activity in Spain, Real Estate Activity in Spain, Turkey, Rest of Eurasia, Mexico, South America and United States.

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