Why Analysts Believe Banco Bilbao Vizcaya Argentaria, S.A. (BBVA)'s Bullish Story

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) is among the most profitable financial stocks to invest in. On January 21, TheFly reported that Citi lifted the price target on Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) to EUR 23.50, up from EUR 21.50, and reiterated a Buy rating.

Earlier on January 9, BofA Securities also raised the price target on Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) to EUR 24.30 from EUR 21 and kept a Buy rating. Antonio Reale, an analyst at the firm, noted the company’s “enviable quality franchise with solid market shares” throughout its key markets in Mexico, Türkiye, and Spain.

With a 60% contribution to the company’s group profits, the Mexican market could benefit from a trade agreement with USMCA to resume near-shoring activities, and thus reduce volatility in the region. The Türkiye operations, on the other hand, are forecasted to witness substantial growth as profits are expected to approximately triple by 2028. This comes even amid higher provisions.

​Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA), based in Bilbao, Spain, provides retail and wholesale banking and asset management services. Founded in 1857, the company offers its products through online and mobile channels.

While we acknowledge the potential of BBVA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.