KBC Group SA (OTCMKTS:KBCSY) Short Interest Update

KBC Group SA (OTCMKTS:KBCSY) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 676 shares, a decline of 59.4% from the January 29th total of 1,666 shares. Based on an average daily volume of 47,545 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 47,545 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

KBCSY has been the topic of a number of analyst reports. Zacks Research raised shares of KBC Group from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of KBC Group in a research note on Tuesday. Royal Bank Of Canada reissued a “sector perform” rating on shares of KBC Group in a report on Monday, November 17th. Citigroup reaffirmed a “neutral” rating on shares of KBC Group in a report on Monday, February 23rd. Finally, Barclays downgraded shares of KBC Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 2nd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

KBC Group Trading Down 0.9%

Shares of OTCMKTS KBCSY opened at $67.40 on Friday. The business has a 50-day moving average of $68.26 and a 200-day moving average of $63.08. The firm has a market capitalization of $56.30 billion, a price-to-earnings ratio of 13.59, a PEG ratio of 1.00 and a beta of 0.54. KBC Group has a 12 month low of $38.90 and a 12 month high of $73.12.

KBC Group (OTCMKTS:KBCSY) last announced its earnings results on Thursday, February 12th. The company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.02. KBC Group had a net margin of 15.70% and a return on equity of 13.89%. The business had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.64 billion. On average, analysts predict that KBC Group will post 4.28 earnings per share for the current year.

KBC Group Company Profile

KBC Group is a Belgian bank-insurance group headquartered in Brussels that combines retail and commercial banking with life and non-life insurance, asset management, leasing and related financial services. The company operates an integrated bank-insurance model designed to serve both individual consumers and corporate clients, offering deposit accounts, lending and mortgage products, payment and treasury services, pension and protection insurance, investment solutions and wealth management.

The group’s banking activities include retail and private banking, corporate and commercial banking, and specialized finance such as leasing and factoring.