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home / news releases / AVAL - Grupo Aval Is Poised For Recovery

AVAL - Grupo Aval Is Poised For Recovery

Grupo Aval Acciones y Valores S.A. ADR

2024-03-21 10:20:07 ET

Summary

  • Colombian banks, including Grupo Aval, have been negatively impacted by high interest rates, inflation, and sluggish GDP growth.
  • Despite a challenging 2023, 2024 is expected to be a year of recovery for Grupo Aval due to falling inflation and an improving Colombian economic scene.
  • Grupo Aval's banking businesses are expected to drive the financial recovery.
  • Shares are a buy with price target of $3.

Investment Thesis

For further details see:

Grupo Aval Is Poised For Recovery
Stock Information
Company Name: Grupo Aval Acciones y Valores S.A. ADR
Stock Symbol: AVAL
Market: NYSE
Website: grupoaval.com
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