BNP Paribas SA (OTCMKTS:BNPQY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of BNP Paribas SA (OTCMKTS:BNPQY) have earned an average recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

BNPQY has been the subject of several research reports. DZ Bank upgraded shares of BNP Paribas from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 24th. Citigroup reissued a “buy” rating on shares of BNP Paribas in a research note on Monday, July 20th. Kepler Capital Markets raised shares of BNP Paribas from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BNP Paribas in a report on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BNP Paribas in a research report on Wednesday, July 15th.

BNP Paribas Price Performance

BNP Paribas stock opened at $55.24 on Friday. The business’s fifty day moving average is $60.93 and its two-hundred day moving average is $56.24. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a market cap of $121.70 billion, a P/E ratio of 8.18, a P/E/G ratio of 0.55 and a beta of 0.76. BNP Paribas has a 52 week low of $37.50 and a 52 week high of $65.50.

BNP Paribas (OTCMKTS:BNPQY) last released its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $0.24. The business had revenue of $16.38 billion during the quarter, compared to analysts’ expectations of $15.44 billion. BNP Paribas had a return on equity of 10.32% and a net margin of 25.22%. Equities research analysts forecast that BNP Paribas will post 6.71 earnings per share for the current fiscal year.

BNP Paribas Company Profile

BNP Paribas is a major European banking group headquartered in France. The company provides banking and financial services to individual customers, businesses, institutional clients and public-sector organizations through a range of operations spanning retail banking, commercial banking, corporate and institutional banking, and investment and protection services.

Its activities include deposit and lending products, payment services, consumer finance, wealth management, insurance, asset management, securities services, and capital-markets and advisory services.