Grupo Aval Acciones y Valores (NYSE: AVAL) has been improved by Zacks investment research from a “keep” note to a “buy” note in a research note issued to investors on Tuesday, Zacks.com reports. The brokerage currently has a target price of $ 5.75 on the bank’s shares. Zacks investment researchThe company’s price target indicates a potential increase of 11.00% from the current price of the company.
According to Zacks, âGrupo Aval Acciones y Valores SA is a financial services group. It offers a full range of financial services and products ranging from traditional banking services, such as granting loans and collecting deposits, to managing pension funds and severance pay. The company also provides general purpose loans, foreign exchange services, documentation services, guarantees, auto financing, payday loans and credit cards, as well as various basic deposit and treasury products. , and distribution of goods; brokerage, fund management, portfolio management, securities management and capital market advisory services; and investment banking, treasury and private banking services. Grupo Aval Acciones Y Valores SA is based in BogotÃ¡, Colombia. “
Several other stock analysts also recently commented on the stock. JPMorgan Chase & Co. Upgraded Grupo Aval Acciones y Valores Shares From An âUnderweightâ to âNeutralâ Rating and Set a Price Target of $ 5.50 on the Share in a Released Report Thursday August 5. Grupo Santander downgraded the rating of the shares of Grupo Aval Acciones y Valores from a âbuyâ rating to a âconservationâ rating in a report published on Friday, September 24th.
NYSE: DOWNSTREAM traded down $ 0.04 at midday Tuesday, reaching $ 5.18. 95,066 shares of the stock traded for an average volume of 139,170. The stock has a market cap of $ 5.75 billion, a PE ratio of 6.56 and a beta of 1.37. Grupo Aval Acciones y Valores has a 52-week low of $ 5.07 and a 52-week high of $ 7.03. The stock has a 50-day moving average price of $ 5.79. The company has a quick ratio of 1.01, a current ratio of 1.01, and a debt ratio of 0.81.
Institutional investors and hedge funds have recently changed their positions in the company. Quadrant Capital Group LLC increased its position in shares of Grupo Aval Acciones y Valores by 151.6% in the 2nd quarter. Quadrant Capital Group LLC now owns 5,281 shares of the bank valued at $ 30,000 after purchasing an additional 3,182 shares during the period. CAPROCK Group Inc. purchased a new equity stake in Grupo Aval Acciones y Valores in the 3rd quarter valued at approximately $ 71,000. Jump Financial LLC purchased a new stake in the shares of Grupo Aval Acciones y Valores in the 3rd quarter valued at approximately $ 71,000. Schonfeld Strategic Advisors LLC purchased a new equity stake in Grupo Aval Acciones y Valores in the 3rd quarter for a value of approximately $ 72,000. Finally, Morgan Stanley increased its position in shares of Grupo Aval Acciones y Valores by 209.0% in the first quarter. Morgan Stanley now owns 16,067 shares of the bank valued at $ 100,000 after purchasing an additional 10,867 shares during the period. 3.18% of the shares are held by hedge funds and other institutional investors.
About Grupo Aval Acciones y Valores
Grupo Aval Acciones y Valores SA engages in the provision of financial products and services. It operates through the following segments: Banco de Bogota, Banco de Occidente, Banco AV Villas, Banco Popular, Corficolombiana and others. The Banco de Bogota segment offers banking products and services. The Banco de Occidente segment focuses on corporate clients, government and government owned entities, and retail clients.
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