BBVA - Shares of Banco Bilbao Vizcaya Argentaria S.A. (BBVA) Rise Above Previous 52-Week High
Banco Bilbao Vizcaya Argentaria S.A. (NYSE:BBVA) traded today at a new 52-week high of $6.49. So far today approximately 582,000 shares have been exchanged, as compared to an average 30-day volume of 2.8 million shares.
Despite its Spanish origins, BBVA generates three quarters of its profits in emerging markets, especially Mexico that contributes nearly half of BBVA's net profit. BBVA is overwhelmingly a retail and commercial bank with corporate and investment banking forming a smaller part of the overall business.
Based on a current price of $6.49, Banco Bilbao Vizcaya Argentaria S.A. is currently 77.7% above its average consensus analyst price target of $1.45.
Over the past year, Banco Bilbao Vizcaya Argentaria S.A. has traded in a range of $2.49 to $6.49 and is now at $6.49, 160% above that low.
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