Itau BBA initiated coverage of Grupo Supervielle (SUPV) with an Outperform rating and $15 price target The firm cites the bank’s “rapid” loan book and profit improvements on the banking side, coupled with “strong hidden value” from its brokerage business, for the buy rating.
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Read More on SUPV:
- Grupo Supervielle initiated with an Outperform at Itau BBA
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- Grupo Supervielle Faces Challenges Amid Economic Pressures
- Grupo Supervielle Announces Cancellation of Class B Treasury Shares
- Grupo Supervielle downgraded to Neutral from Buy at BofA
