What Will Happen to BBVA Banco Frances S.A. (ADR) (BFR) Next? The Stock Just Increased A Lot

September 17, 2017 - By Hazel Jackson

The stock of BBVA Banco Frances S.A. (ADR) (NYSE:BFR) is a huge mover today! The stock increased 4.29% or $0.77 on September 15, reaching $18.7. About 882,350 shares traded or 62.23% up from the average. BBVA Banco Frances S.A. (ADR) (NYSE:BFR) has declined 5.21% since September 17, 2016 and is downtrending. It has underperformed by 21.91% the S&P500.
The move comes after 6 months positive chart setup for the $3.81 billion company. It was reported on Sep, 17 by Barchart.com. We have $20.01 PT which if reached, will make NYSE:BFR worth $266.70M more.

Analysts expect BBVA Banco Frances S.A. (ADR) (NYSE:BFR) to report $0.40 EPS on November, 9.They anticipate $0.05 EPS change or 14.29 % from last quarter’s $0.35 EPS. BFR’s profit would be $81.50 million giving it 11.69 P/E if the $0.40 EPS is correct. After having $-0.10 EPS previously, BBVA Banco Frances S.A. (ADR)’s analysts see -500.00 % EPS growth.

BBVA Banco Frances S.A. (ADR) (NYSE:BFR) Ratings Coverage

Among 2 analysts covering BBVA Banco Frances SA (NYSE:BFR), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. BBVA Banco Frances SA had 3 analyst reports since November 12, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Thursday, November 12 by Raymond James. The stock of BBVA Banco Frances S.A. (ADR) (NYSE:BFR) earned “Buy” rating by Credit Suisse on Tuesday, June 13. As per Tuesday, March 29, the company rating was initiated by Credit Suisse.

More notable recent BBVA Banco Frances S.A. (ADR) (NYSE:BFR) news were published by: Marketwatch.com which released: “18.3909” on December 21, 2009, also Seekingalpha.com with their article: “BBVA Banco Frances: Well Positioned To Ride Out Challenging Economic Times” published on November 03, 2011, Quotes.Wsj.com published: “BBVA Banco Frances SA ADR” on February 11, 2011. More interesting news about BBVA Banco Frances S.A. (ADR) (NYSE:BFR) were released by: Marketwatch.com and their article: “45.92” published on March 12, 2011 as well as Seekingalpha.com‘s news article titled: “17 High Dividend ADRs With Tremendous Growth Rates” with publication date: June 03, 2011.

BBVA Banco Frances S.A. is a well-known provider of financial services to large firms, small and medium-size companies (SMEs), as well as individual customers. The company has market cap of $3.81 billion. The Bank is focused on the financial sector, through its activities related to banking/financial, pension fund manager and insurance. It has a 20.01 P/E ratio. The Bank has all its operations, property and clients located in Argentina.

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