Royal Bank of Canada Reiterates “€58.00” Price Target for BNP Paribas (EPA:BNP)

Royal Bank of Canada set a €58.00 ($63.04) price target on BNP Paribas (EPA:BNPGet Rating) in a research note issued to investors on Monday, Borsen Zeitung reports.

A number of other brokerages have also recently commented on BNP. Jefferies Financial Group set a €67.00 ($72.83) price target on BNP Paribas in a research report on Friday, April 8th. Kepler Capital Markets set a €65.30 ($70.98) target price on BNP Paribas in a research report on Tuesday, January 4th. Morgan Stanley set a €78.00 ($84.78) target price on BNP Paribas in a research report on Tuesday, February 15th. The Goldman Sachs Group set a €75.00 ($81.52) target price on BNP Paribas in a research report on Friday, December 17th. Finally, JPMorgan Chase & Co. set a €62.00 ($67.39) target price on BNP Paribas in a research report on Friday, April 1st. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, BNP Paribas currently has an average rating of Buy and an average target price of €66.05 ($71.80).

BNP opened at €48.93 ($53.18) on Monday. BNP Paribas has a 52-week low of €57.24 ($62.22) and a 52-week high of €69.17 ($75.18). The business’s fifty day moving average is €54.63 and its 200-day moving average is €57.71.

BNP Paribas Company Profile (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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