In yesterday’s Wall Street session, Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) shares traded at $2.21, unchanged from the previous session.
As we calculate the median target price by taking the range between a high of $7.00 and a low of $3.46, we find $3.78. Given the previous closing price of $2.21, this indicates a potential upside of 71.04 percent. AVAL stock price is now -13.19% away from the 50-day moving average and -37.95% away from the 200-day moving average. The market capitalization of the company currently stands at $2.82B.
Brokers who have rated the stock have averaged $4.55 as their price target over the next twelve months.
With the price target maintained at $6.20, Scotiabank recently Downgraded its rating from Sector Outperform to Sector Perform for Grupo Aval Acciones y Valores S.A. (NYSE: AVAL). On August 05, 2021, JP Morgan Upgraded its previous ‘Underweight’ rating to ‘Neutral’ on the stock keeping its target price maintained at $5.50, while ‘Citigroup’ rates the stock as ‘Neutral’.
There have been several recent changes in the stakes of large investors in AVAL stock. A new stake in Grupo Aval Acciones y Valores S.A. shares was purchased by ITAU UNIBANCO HOLDING S.A. during the first quarter worth $1,477,000. MARSHALL WACE, LLP invested $116,000 in shares of AVAL during the first quarter. In the first quarter, CERITY PARTNERS LLC acquired a new stake in Grupo Aval Acciones y Valores S.A. valued at approximately $65,000. BALLENTINE PARTNERS, LLC acquired a new stake in AVAL for approximately $26,000. WIPFLI FINANCIAL ADVISORS LLC, purchased a new stake in AVAL valued at around $1,000 in the second quarter. In total, there are 43 active investors with 1.10% ownership of the company’s stock.
Thursday morning saw Grupo Aval Acciones y Valores S.A. (NYSE: AVAL) opened at $2.2400. During the past 12 months, Grupo Aval Acciones y Valores S.A. has had a low of $1.96 and a high of $5.30. The fifty day moving average price for AVAL is $2.5457 and a two-hundred day moving average price translates $3.8783 for the stock.
The latest earnings results from Grupo Aval Acciones y Valores S.A. (NYSE: AVAL) was released for Jun, 2022. According to the Banks – Regional Company, earnings per share came in at $0.01, missing analysts’ expectations of $0.18 by -0.17. This compares to $0.26 EPS in the same period last year. The company reported revenue of $1.29 billion for the quarter, compared to $1.44 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.66 percent.
Moreover, the firm recently paid out its quarterly dividend on 06/07/2022. Investors who held shares on 06/02/2022 were paid a $0.2854877 dividend. On an annualized basis, this represents a $0.52 dividend and a 23.48% percent yield. There was an ex-dividend date of 06/01/2022 for this dividend.
Grupo Aval Acciones y Valores S.A.(AVAL) Company Profile
Grupo Aval Acciones y Valores S.A. provides a range of financial services and products to public and private sector customers in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans. In addition, the company offers pension and severance fund management services; investment banking, including services relating to capital markets, mergers and acquisitions, and project finance transactions; mobile and online banking services; and bancassurance, insurance, trust, bonded warehousing and brokerage transactions, real estate escrow services, merchandise and document storage and deposit, customs agency, cargo management, surety bond and merchandise distribution services, and payment and collection services. Further, it is involved in equity investments in various sectors, including infrastructure, energy and gas, agribusiness, and hospitality; and treasury operations. Grupo Aval Acciones y Valores S.A. was incorporated in 1994 and is headquartered in Bogotá, Colombia.