Grupo Supervielle (NYSE:SUPV) Stock Rating Lowered by Wall Street Zen

Grupo Supervielle (NYSE:SUPV) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Several other brokerages have also recently commented on SUPV. Citigroup raised Grupo Supervielle from a “neutral” rating to a “buy” rating in a research report on Monday, November 3rd. Bank of America reaffirmed a “neutral” rating on shares of Grupo Supervielle in a report on Wednesday, November 26th. UBS Group assumed coverage on shares of Grupo Supervielle in a research report on Wednesday, November 19th. They set a “neutral” rating and a $13.00 target price on the stock. Itau BBA Securities assumed coverage on shares of Grupo Supervielle in a research report on Wednesday. They issued an “outperform” rating and a $15.00 price target for the company. Finally, JPMorgan Chase & Co. raised Grupo Supervielle from an “underweight” rating to a “neutral” rating and lifted their price objective for the company from $5.00 to $12.00 in a report on Tuesday, October 28th. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $14.75.

Grupo Supervielle Stock Up 1.0%

NYSE SUPV opened at $11.03 on Friday. Grupo Supervielle has a twelve month low of $4.54 and a twelve month high of $19.75. The stock has a market cap of $965.94 million, a PE ratio of 91.95, a PEG ratio of 40.15 and a beta of 1.76. The firm has a 50-day simple moving average of $9.61 and a 200 day simple moving average of $9.49. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 0.96.

Grupo Supervielle (NYSE:SUPV) last posted its quarterly earnings results on Tuesday, November 25th. The company reported ($0.43) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.46). Grupo Supervielle had a net margin of 0.69% and a return on equity of 1.15%. The firm had revenue of $178.38 million during the quarter, compared to analyst estimates of $252.85 billion. On average, research analysts forecast that Grupo Supervielle will post 1.5 EPS for the current year.

Institutional Trading of Grupo Supervielle

Several hedge funds have recently modified their holdings of SUPV. Cetera Investment Advisers acquired a new position in shares of Grupo Supervielle in the 1st quarter worth approximately $268,000. Banco BTG Pactual S.A. bought a new position in Grupo Supervielle in the 1st quarter valued at $1,450,000. Titan Global Capital Management USA LLC acquired a new position in Grupo Supervielle in the first quarter worth $670,000. Freedom Investment Management Inc. grew its holdings in shares of Grupo Supervielle by 4.4% during the first quarter. Freedom Investment Management Inc. now owns 44,386 shares of the company’s stock worth $580,000 after purchasing an additional 1,862 shares during the last quarter. Finally, Itau Unibanco Holding S.A. acquired a new stake in shares of Grupo Supervielle in the first quarter valued at $357,000.

Grupo Supervielle Company Profile

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.