Grupo Aval Acciones y Valores Downgraded to Underweight by JPMorgan Chase & Co.

Grupo Aval Acciones y Valores (NYSE:AVAL) stock has received a 'underweight' rating from JPMorgan Chase & Co. in a recent research report, according to MarketBeat.

The bank's analysts have set a price objective of $5.00 on the stock, which would indicate a potential downside of 6.02% from its current price of $5.32.

This is not the only negative assessment of Grupo Aval Acciones y Values - Weiss Ratings cut the company's rating from 'hold (c+)' to 'hold (c)', and two investment analysts have given the stock a 'Hold' rating, while one has assigned it a 'Sell' rating.

Grupo Aval Acciones y Valores is a Colombian financial holding company with interests in banking, investment banking, pension and severance-fund administration, and other financial services. The company's principal Colombian banking subsidiaries include Banco de Bogotá, Banco de Occidente, Banco Popular, and Banco AV Villas.