Banco Bilbao Vizcaya Argentaria Maintains Buy Rating with €17.70 Price Target

Friday, Aug 15, 2025 6:26 am ET1min read

Jefferies analyst Inigo Vega maintains a Buy rating on Banco Bilbao Vizcaya Argentaria with a price target of €17.70. The company's shares closed at €16.35. Vega is ranked #373 out of 9896 analysts. The Street has a Strong Buy consensus rating with a €16.60 average price target, a 1.53% upside from current levels.

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has confirmed that its voluntary tender offer for the entire share capital of Banco de Sabadell, S.A. remains in effect, despite the approval of a sale of TSB Banking Group plc shares by Banco Sabadell's shareholders. The decision was made after BBVA reviewed the resolutions adopted by Banco Sabadell's Extraordinary General Shareholders' Meeting, which approved the sale of TSB shares to Banco Santander, S.A., subject to certain conditions precedent, and an extraordinary cash dividend distribution [1].

Jefferies analyst Inigo Vega maintains a Buy rating on BBVA with a price target of €17.70, while the Street has a Strong Buy consensus rating with an average price target of €16.60, indicating a 1.53% upside from current levels [2]. BBVA's shares closed at €16.35 on July 2, 2025.

BBVA's decision to keep the tender offer in effect is in accordance with the applicable regulations, as Article 33.1(d) of Royal Decree 1066/2007, of 27 July, on tender offer rules, entitles BBVA to withdraw the offer if certain conditions are met. However, after reviewing the resolutions adopted and considering the available information, BBVA has decided not to withdraw the offer.

BBVA is a banking group organized around three sectors of activity: retail banking, investment and market banking, and private banking and asset management. At the end of 2024, the group managed EUR 468.6 billion in current deposits and EUR 429.6 billion in current credits, with products and services marketed via a network of 5,749 branches worldwide [2].

References:
[1] https://www.tradingview.com/news/reuters.com,2025-08-11:newsml_RSK8790Ua:0-reg-banco-bil-viz-argent-information-regarding-the-vto-for-banco-sabadell/
[2] https://www.marketscreener.com/news/bbva-appeals-spain-s-block-on-sabadell-merger-integration-ce7c51d9dd80f724

Banco Bilbao Vizcaya Argentaria Maintains Buy Rating with €17.70 Price Target

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