The Panic-Proof Portfolio (Stockchase Research)
BBVA Argentina ADR
BBAR-N
TOP PICK
Feb 27, 2025
Stockchase Research Editor: Michael O’Reilly
BBAR is Argentina’s oldest financial institution, established in 1886, providing financial services to retail and commercial customers. It has been riding a wave of growth as the President of the country has brought prosperity back to the economy with reforms, tax cuts, and a business friendly focus. It trades at 13x earnings, 1.5x book and supports a 20% ROE. Cash reserves have been growing, while paying a dividend with a payout ratio under 15% of cash flow. We recommend setting a stop-loss at $15, looking to achieve $28 — upside potential over 40%. Yield 2.0%
BBAR is Argentina’s oldest financial institution, established in 1886, providing financial services to retail and commercial customers. It has been riding a wave of growth as the President of the country has brought prosperity back to the economy with reforms, tax cuts, and a business friendly focus. It trades at 13x earnings, 1.5x book and supports a 20% ROE. Cash reserves have been growing, while paying a dividend with a payout ratio under 15% of cash flow. We recommend setting a stop-loss at $15, looking to achieve $28 — upside potential over 40%. Yield 2.0%
(Analysts’ price target is $28.67)