Grupo Supervielle S.A. (NYSE:SUPV) Receives $14.75 Consensus Price Target from Brokerages

Shares of Grupo Supervielle S.A. (NYSE:SUPV) have been given a consensus rating of “Hold” by the seven brokerages that are presently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $13.3333.

A number of analysts have weighed in on SUPV shares. UBS Group began coverage on Grupo Supervielle in a report on Wednesday, November 19th. They set a “neutral” rating and a $13.00 target price for the company. JPMorgan Chase & Co. upgraded Grupo Supervielle from an “underweight” rating to a “neutral” rating and upped their price objective for the stock from $5.00 to $12.00 in a research note on Tuesday, October 28th. Itau BBA Securities initiated coverage on Grupo Supervielle in a research report on Wednesday, December 10th. They set an “outperform” rating and a $15.00 price objective on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Grupo Supervielle in a research note on Monday, December 15th. Finally, Wall Street Zen lowered shares of Grupo Supervielle from a “hold” rating to a “sell” rating in a research report on Saturday, December 13th.

Institutional Investors Weigh In On Grupo Supervielle

Several institutional investors have recently bought and sold shares of the company. Freedom Investment Management Inc. increased its position in shares of Grupo Supervielle by 4.4% during the first quarter. Freedom Investment Management Inc. now owns 44,386 shares of the company’s stock worth $580,000 after purchasing an additional 1,862 shares in the last quarter. Sparta 24 Ltd. purchased a new position in Grupo Supervielle during the 2nd quarter worth $27,000. Titan Global Capital Management USA LLC grew its stake in Grupo Supervielle by 5.3% during the 2nd quarter. Titan Global Capital Management USA LLC now owns 54,048 shares of the company’s stock worth $572,000 after buying an additional 2,711 shares during the last quarter. Insigneo Advisory Services LLC increased its position in Grupo Supervielle by 5.6% during the 3rd quarter. Insigneo Advisory Services LLC now owns 101,363 shares of the company’s stock valued at $502,000 after buying an additional 5,361 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake 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 buying an additional 6,000 shares during the last quarter.

Grupo Supervielle Trading Down 2.7%

NYSE SUPV opened at $11.90 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 99.18, a price-to-earnings-growth ratio of 43.79 and a beta of 1.76. The company’s 50-day simple moving average is $10.22 and its two-hundred day simple moving average is $9.40. Grupo Supervielle has a one year low of $4.54 and a one year high of $19.75.

Grupo Supervielle (NYSE:SUPV) last announced its quarterly earnings results on Tuesday, November 25th. The company reported ($0.43) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.46). The business had revenue of $178.38 million during the quarter, compared to analysts’ expectations of $252.85 billion. Grupo Supervielle had a return on equity of 1.15% and a net margin of 0.69%. Equities analysts forecast that Grupo Supervielle will post 1.5 EPS for the current fiscal year.

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.