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home / news releases / BBAR - Banco BBVA Argentina: The Trend Is Your Friend

BBAR - Banco BBVA Argentina: The Trend Is Your Friend

BBVA Banco Frances S.A.

2024-04-16 09:02:25 ET

Summary

  • Argentinian bank stocks, including Banco BBVA Argentina and Banco Macro, have seen gains of over 100% since the election of Milei in late 2023.
  • Banco BBVA Argentina has shown decent performance despite the challenging macroeconomic environment in Argentina.
  • The macro scene in Argentina is improving, which could lead to further gains for Banco BBVA Argentina.
  • Shares are a buy with a price target range between $11-$14.

Investment Thesis

For further details see:

Banco BBVA Argentina: The Trend Is Your Friend
Stock Information
Company Name: BBVA Banco Frances S.A.
Stock Symbol: BBAR
Market: NYSE
Website: bbva.com.ar
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