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

Shares of BNP Paribas SA (OTCMKTS:BNPQYGet Rating) have been given a consensus rating of “Hold” by the fourteen research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $63.29.

A number of analysts have commented on the stock. Societe Generale upgraded shares of BNP Paribas from a “hold” rating to a “buy” rating and set a $67.00 price objective for the company in a report on Friday, March 18th. Zacks Investment Research lowered shares of BNP Paribas from a “hold” rating to a “sell” rating in a research note on Wednesday, April 13th. Morgan Stanley lowered their price objective on BNP Paribas from €78.00 ($83.87) to €72.00 ($77.42) in a research report on Thursday, March 24th. JPMorgan Chase & Co. reduced their price objective on BNP Paribas from €62.00 ($66.67) to €61.00 ($65.59) and set a “neutral” rating on the stock in a research note on Monday, April 11th. Finally, UBS Group dropped their target price on BNP Paribas from €69.60 ($74.84) to €60.00 ($64.52) and set a “buy” rating on the stock in a research report on Friday, March 11th.

Shares of OTCMKTS BNPQY opened at $25.89 on Friday. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a market capitalization of $63.91 billion, a P/E ratio of 6.41, a PEG ratio of 0.83 and a beta of 1.65. The business’s 50 day moving average is $28.01 and its two-hundred day moving average is $32.23. BNP Paribas has a 1-year low of $24.00 and a 1-year high of $38.48.

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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