BNP Paribas (OTCMKTS:BNPQY) Price Target Raised to €64.30 at Barclays

BNP Paribas (OTCMKTS:BNPQY – Get Rating) had its price objective increased by Barclays from €62.30 ($65.58) to €64.30 ($67.68) in a research note released on Wednesday morning, The Fly reports.

A number of other analysts also recently commented on BNPQY. Societe Generale upgraded 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. Morgan Stanley increased their price target on BNP Paribas from €68.00 ($71.58) to €71.00 ($74.74) and gave the company an overweight rating in a report on Wednesday. Royal Bank of Canada increased their price target on BNP Paribas from €72.00 ($75.79) to €74.00 ($77.89) in a report on Monday, January 31st. JPMorgan Chase & Co. decreased their price objective on shares of BNP Paribas from €62.00 ($65.26) to €61.00 ($64.21) and set a neutral rating for the company in a research report on Monday, April 11th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of BNP Paribas from €75.00 ($78.95) to €64.00 ($67.37) and set a hold rating on the stock in a report on Tuesday. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of Hold and an average target price of $62.13.

Shares of BNP Paribas stock opened at $27.71 on Wednesday. BNP Paribas has a fifty-two week low of $24.00 and a fifty-two week high of $38.48. The firm has a market cap of $68.41 billion, a PE ratio of 6.38, a P/E/G ratio of 0.76 and a beta of 1.60. The business’s fifty day moving average is $27.64 and its two-hundred day moving average is $32.10. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.42.

BNP Paribas Company Profile (Get Rating)

BNP Paribas SA provides a range of banking and financial services in Europe, North America, Asia Pacific, and internationally. The company offers corporate and institutional banking services, such as consulting, financing and transaction banking for corporate clients and institutional investors; capital markets investment and financing; securities clearing, and custody services.

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