HSBC Analysts Give BNP Paribas (EPA:BNP) a €46.00 Price Target
HSBC set a €46.00 ($53.49) price target on BNP Paribas (EPA:BNP) in a research note released on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities analysts also recently issued reports on BNP. JPMorgan Chase & Co. reissued a top pick rating on shares of in a research note on Thursday, July 4th. Jefferies Financial Group set a €40.00 ($46.51) price target on shares of Hapag-Lloyd and gave the stock a buy rating in a research note on Thursday, May 2nd. UBS Group set a $13.00 price target on shares of Freeport-McMoRan and gave the stock a hold rating in a research note on Wednesday, June 26th. Barclays reissued a buy rating and issued a $75.00 price target on shares of Weibo in a research note on Monday, March 11th. Finally, Royal Bank of Canada set a $42.00 price target on shares of Devon Energy and gave the stock a hold rating in a research note on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. BNP Paribas has an average rating of Hold and a consensus price target of €52.28 ($60.80).
BNP stock opened at €42.94 ($49.93) on Tuesday. BNP Paribas has a 1 year low of €57.24 ($66.56) and a 1 year high of €69.17 ($80.43). The business has a 50-day moving average of €41.87.
BNP Paribas SA provides a range of banking and financial services in France and internationally. It operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking. The company offers long-term corporate vehicle leasing, and rental and other financing solutions; and digital banking and investment services, cash management, and factoring services to corporate clients, as well as wealth management services.
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