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

Shares of KBC Group SA (OTCMKTS:KBCSY) have received a consensus recommendation of “Hold” from the six research firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company.

A number of research firms have issued reports on KBCSY. Zacks Research downgraded shares of KBC Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of KBC Group in a report on Tuesday, February 24th. Finally, Citigroup reaffirmed a “neutral” rating on shares of KBC Group in a report on Monday, February 23rd.

KBC Group Price Performance

KBCSY opened at $68.48 on Friday. The company has a market capitalization of $57.20 billion, a price-to-earnings ratio of 13.81, a P/E/G ratio of 0.88 and a beta of 0.60. The firm’s fifty day moving average price is $64.63 and its two-hundred day moving average price is $64.78. KBC Group has a 1 year low of $45.19 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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $0.02. The firm had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.64 billion. KBC Group had a net margin of 15.70% and a return on equity of 13.89%. As a group, equities analysts anticipate that KBC Group will post 5.89 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.