BNP Paribas SA (OTCMKTS:BNPQY) Receives $63.51 Average Target Price from Brokerages

BNP Paribas SA (OTCMKTS:BNPQYGet Rating) has earned a consensus recommendation of “Hold” from the fourteen ratings firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $63.29.

A number of brokerages recently commented on BNPQY. Royal Bank of Canada upped their price objective on BNP Paribas from €72.00 ($78.26) to €74.00 ($80.43) in a research note on Monday, January 31st. Kepler Capital Markets upgraded BNP Paribas from a “hold” rating to a “buy” rating in a research note on Tuesday, December 21st. Zacks Investment Research downgraded BNP Paribas from a “hold” rating to a “sell” rating in a research note on Monday, January 3rd. UBS Group lowered their price objective on BNP Paribas from €69.60 ($75.65) to €60.00 ($65.22) and set a “buy” rating for the company in a research note on Friday, March 11th. Finally, Morgan Stanley lowered their price objective on BNP Paribas from €78.00 ($84.78) to €72.00 ($78.26) in a research note on Thursday, March 24th.

Shares of OTCMKTS BNPQY traded up $0.01 during trading on Tuesday, reaching $26.30. The stock had a trading volume of 317,997 shares, compared to its average volume of 580,889. BNP Paribas has a one year low of $24.00 and a one year high of $38.48. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.72 and a current ratio of 0.72. The stock has a market cap of $64.93 billion, a PE ratio of 6.51, a P/E/G ratio of 0.66 and a beta of 1.65. The firm’s 50 day moving average price is $30.45 and its two-hundred day moving average price is $32.72.

About BNP Paribas (Get Rating)

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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Analyst Recommendations for BNP Paribas (OTCMKTS:BNPQY)

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