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Grupo Supervielle Reacts to Difficult Argentine Economy, Analysts Review and Target

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NEW YORK, NY / ACCESSWIRE / September 10, 2018 / Traders News Source, a leading independent equity research, and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Grupo Supervielle S.A. (SUPV), a financial services company in Argentina made up of Banco Supervielle, Cordial Compañía Financiera, Tarjeta Automática, Supervielle Seguros, Espacio Cordial de Servicios, Supervielle Asset Management, Mila, Invertir Online and Sofital.

On August 23rd, the company reported results for the three and six-month periods ended June 30, 2018. As per management, the company's macro assumptions for the year included stable foreign exchange, declining interest rates, and decelerating inflation; the macro backdrop changed suddenly in the quarter resulting in a sharp currency devaluation, interest rate hikes and higher inflation that led to results below management' expectations.

About the company's reaction to the Argentine economy and revised guidance READ MORE

Copy and paste to your browser may be required to view the report – https://tradersnewssource.com/grupo-supervielle/

The company offers diverse financial products and services that are specifically tailored to cover the different needs of its customers through a multi-brand and multi-channel platform. Over the years, SUPV has developed a multi-brand business model to differentiate the financial products and services it offers to a wide spectrum of individuals, small and medium-sized enterprises ("SMEs") and medium to large-sized companies in Argentina.

Get the analysts review and target price, comprehensive report here READ MORE

Copy and paste to your browser may be required to view the report – https://tradersnewssource.com/grupo-supervielle/

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither TNS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://www.tradersnewssource.com.

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CONTACT:

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SOURCE: Traders News Source

https://www.accesswire.com/511612/Grupo-Supervielle-Reacts-to-Difficult-Argentine-Economy-Analysts-Review-and-Target