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.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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