UBS initiated coverage of Grupo Supervielle (SUPV) with a Neutral rating and $13 price target which offers 9% upside. The bank’s short-term pressure on margins, growth and asset quality along with its relatively lower capitalization ratio could limit the share upside relative to peers, the analyst tells investors in a research note.
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Read More on SUPV:
- Hold Rating for Grupo Supervielle SA Amid Growth Opportunities and Macroeconomic Challenges
- Grupo Supervielle upgraded to Buy from Neutral at Citi
- Grupo Supervielle upgraded to Neutral from Underweight at JPMorgan
- Grupo Supervielle price target raised to $12 from $5 at JPMorgan
- Grupo Supervielle downgraded to Underweight from Neutral at JPMorgan