KBC Group SA (OTCMKTS:KBCSY) Given Average Rating of “Hold” by Brokerages

KBC Group SA (OTCMKTS:KBCSY) has received an average rating of “Hold” from the six analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company.

KBCSY has been the topic of several research reports. Zacks Research upgraded shares of KBC Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Citigroup reissued a “neutral” rating on shares of KBC Group in a report on Monday, February 23rd. Royal Bank Of Canada restated a “sector perform” rating on shares of KBC Group in a research report on Monday, November 17th. Morgan Stanley reaffirmed an “overweight” rating on shares of KBC Group in a report on Friday, November 14th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of KBC Group in a research report on Tuesday, February 24th.

KBC Group Trading Down 3.8%

OTCMKTS:KBCSY opened at $61.89 on Friday. The stock has a 50 day simple moving average of $68.00 and a 200 day simple moving average of $63.29. The stock has a market cap of $51.70 billion, a P/E ratio of 12.48, a PEG ratio of 0.95 and a beta of 0.55. KBC Group has a 1-year low of $38.90 and a 1-year high of $73.12.

KBC Group (OTCMKTS:KBCSY) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.02. The firm had revenue of $3.73 billion for the quarter, compared to analysts’ expectations of $3.64 billion. KBC Group had a return on equity of 13.89% and a net margin of 15.70%. As a group, sell-side analysts forecast that KBC Group will post 4.28 EPS 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.