Brokerages Set Grupo Supervielle S.A. (NYSE:SUPV) PT at $13.67

Grupo Supervielle S.A. (NYSE:SUPV) has been given a consensus rating of “Hold” by the seven ratings firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $13.6667.

A number of analysts have weighed in on the company. Wall Street Zen raised Grupo Supervielle from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Zacks Research raised Grupo Supervielle from a “strong sell” rating to a “hold” rating in a report on Thursday, May 7th. Weiss Ratings restated a “sell (d)” rating on shares of Grupo Supervielle in a research note on Friday, April 17th. Finally, JPMorgan Chase & Co. increased their price target on Grupo Supervielle from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th.

Hedge Funds Weigh In On Grupo Supervielle

A number of large investors have recently bought and sold shares of SUPV. Wells Fargo & Company MN purchased a new stake in shares of Grupo Supervielle in the fourth quarter valued at about $55,000. Van ECK Associates Corp increased its stake in shares of Grupo Supervielle by 101.5% during the fourth quarter. Van ECK Associates Corp now owns 9,265 shares of the company’s stock worth $110,000 after acquiring an additional 4,666 shares during the period. Titan Global Capital Management USA LLC raised its holdings in Grupo Supervielle by 5.7% during the first quarter. Titan Global Capital Management USA LLC now owns 96,768 shares of the company’s stock worth $912,000 after purchasing an additional 5,245 shares in the last quarter. Insigneo Advisory Services LLC raised its holdings in Grupo Supervielle by 5.6% during the third quarter. Insigneo Advisory Services LLC now owns 101,363 shares of the company’s stock worth $502,000 after purchasing an additional 5,361 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in Grupo Supervielle by 29.3% in the second quarter. Cetera Investment Advisers now owns 26,500 shares of the company’s stock valued at $281,000 after purchasing an additional 6,000 shares during the period.

Grupo Supervielle Price Performance

Shares of SUPV opened at $9.57 on Thursday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.00 and a current ratio of 1.00. Grupo Supervielle has a fifty-two week low of $4.54 and a fifty-two week high of $13.55. The firm has a 50-day simple moving average of $9.27 and a 200-day simple moving average of $9.94. The company has a market capitalization of $838.12 million, a price-to-earnings ratio of -16.23 and a beta of 1.58.

Grupo Supervielle Company Profile

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.