Grupo Supervielle S.A. (NYSE:SUPV) Receives $13.33 Consensus PT from Analysts

Grupo Supervielle S.A. (NYSE:SUPV) has received a consensus recommendation of “Hold” from the seven ratings firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is $13.3333.

Several analysts recently commented on SUPV shares. JPMorgan Chase & Co. upgraded shares of Grupo Supervielle from an “underweight” rating to a “neutral” rating and upped their price target for the company from $5.00 to $12.00 in a research report on Tuesday, October 28th. Zacks Research lowered shares of Grupo Supervielle from a “hold” rating to a “strong sell” rating in a research note on Tuesday, December 23rd. Citigroup upgraded shares of Grupo Supervielle from a “neutral” rating to a “buy” rating in a research note on Monday, November 3rd. Bank of America reissued a “neutral” rating on shares of Grupo Supervielle in a report on Wednesday, November 26th. Finally, UBS Group began coverage on Grupo Supervielle in a research note on Wednesday, November 19th. They set a “neutral” rating and a $13.00 price objective for the company.

Institutional Investors Weigh In On Grupo Supervielle

Several hedge funds have recently modified their holdings of SUPV. Sparta 24 Ltd. purchased a new position in Grupo Supervielle in the 2nd quarter valued at $27,000. LJI Wealth Management LLC purchased a new stake in shares of Grupo Supervielle in the third quarter valued at about $57,000. Schonfeld Strategic Advisors LLC acquired a new position in shares of Grupo Supervielle during the third quarter worth about $91,000. Centiva Capital LP acquired a new position in shares of Grupo Supervielle during the third quarter worth about $101,000. Finally, Quantbot Technologies LP purchased a new position in Grupo Supervielle during the third quarter worth about $164,000.

Grupo Supervielle Stock Performance

NYSE:SUPV opened at $11.99 on Thursday. The company has a fifty day moving average of $11.41 and a two-hundred day moving average of $9.44. The stock has a market capitalization of $1.05 billion, a PE ratio of 99.90, a P/E/G ratio of 9.45 and a beta of 1.76. 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 has a fifty-two week low of $4.54 and a fifty-two week high of $19.75.

Grupo Supervielle (NYSE:SUPV) last released 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). The firm had revenue of $178.38 million for the quarter, compared to analyst estimates of $252.85 billion. Grupo Supervielle had a return on equity of 1.15% and a net margin of 0.69%. As a group, research analysts forecast that Grupo Supervielle will post 1.5 earnings per share for the current fiscal year.

About Grupo Supervielle

Grupo Supervielle (NYSE: SUPV) is a diversified Argentine financial services holding company headquartered in Buenos Aires. Through its principal subsidiary, Banco Supervielle, the group offers retail and commercial banking products including checking and savings accounts, consumer and corporate loans, credit and debit cards, treasury services and foreign exchange solutions. These services cater to individual customers, small and medium-sized enterprises and larger corporates throughout Argentina’s provincial and urban centers.

Beyond traditional banking, Grupo Supervielle operates in insurance and asset management.