Grupo Supervielle SA -ADR (SUPV) Receives Consensus Rating of “Hold” from Brokerages

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Shares of Grupo Supervielle SA -ADR (NYSE:SUPV) have earned an average recommendation of “Hold” from the seven analysts that are covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $12.13.

A number of equities analysts have issued reports on SUPV shares. Bank of America cut Grupo Supervielle from a “neutral” rating to an “underperform” rating in a report on Thursday, February 21st. Citigroup cut Grupo Supervielle from a “buy” rating to a “neutral” rating in a report on Tuesday, January 8th. Finally, Zacks Investment Research upgraded Grupo Supervielle from a “sell” rating to a “hold” rating in a report on Wednesday, November 21st.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Russell Investments Group Ltd. raised its position in shares of Grupo Supervielle by 31.4% during the third quarter. Russell Investments Group Ltd. now owns 240,666 shares of the company’s stock worth $1,975,000 after purchasing an additional 57,532 shares during the period. Pelham Global Financials Ltd. raised its position in shares of Grupo Supervielle by 31.7% during the third quarter. Pelham Global Financials Ltd. now owns 1,315,338 shares of the company’s stock worth $10,089,000 after purchasing an additional 316,275 shares during the period. Alliancebernstein L.P. raised its position in shares of Grupo Supervielle by 61.3% during the third quarter. Alliancebernstein L.P. now owns 523,180 shares of the company’s stock worth $4,013,000 after purchasing an additional 198,775 shares during the period. Schroder Investment Management Group raised its position in shares of Grupo Supervielle by 15.9% during the third quarter. Schroder Investment Management Group now owns 649,453 shares of the company’s stock worth $4,981,000 after purchasing an additional 89,222 shares during the period. Finally, Brown Advisory Inc. raised its position in shares of Grupo Supervielle by 28.9% during the third quarter. Brown Advisory Inc. now owns 900,593 shares of the company’s stock worth $6,908,000 after purchasing an additional 201,920 shares during the period. Hedge funds and other institutional investors own 29.86% of the company’s stock.

Grupo Supervielle stock opened at $8.12 on Thursday. The stock has a market capitalization of $582.08 million, a P/E ratio of 10.55, a PEG ratio of 5.76 and a beta of 0.12. Grupo Supervielle has a 12-month low of $4.91 and a 12-month high of $31.55. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.71.

Grupo Supervielle Company Profile

Grupo Supervielle SA engages in the provision of banking services. It operates through the following segments: Retail Banking, Corporate Banking, Treasury, Consumer Finance, Insurance and Asset Management and Other Services. The Retail Banking segment involves in personal loans, deposit accounts, purchase and sale of foreign exchange and precious metals and credits cards.

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Analyst Recommendations for Grupo Supervielle (NYSE:SUPV)

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