BBVA : Update pro forma of the divestment of BBVA USA
>Neutral recommendation maintained - Target price raised to € 4.5 (vs € 3.7) - We have updated our estimates notably i/ a more accurate integration of the impact of the ongoing divestment/deconsolidation of BBVA USA sometime this year (the deal should be finalised by mid-2021), but have also taken into account of certain adjustments in our approach to the group’s short to medium term operating outlook. This has made us a shade less conservative on the trend for the co...Banco Bilbao Vizcaya Argentaria is an international financial group, engaged primarily on providing banking services and consumer finance to private individuals and businesses in Spain and Portugal; providing real estate activity in Spain; providing services to international companies and investment banking, capital markets and treasury management services to clients; and providing the banking, insurance and pension businesses in Mexico and the U.S., as well as in South America.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.