Societe Generale Lowers BNP Paribas (OTCMKTS:BNPQY) Price Target to €60.00

BNP Paribas (OTCMKTS:BNPQYGet Rating) had its target price decreased by Societe Generale from €67.00 ($68.37) to €60.00 ($61.22) in a report released on Monday morning, The Fly reports.

A number of other equities analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of BNP Paribas from a hold rating to a buy rating and set a $66.00 target price on the stock in a research report on Tuesday, July 5th. Exane BNP Paribas decreased their target price on shares of BNP Paribas from €63.00 ($64.29) to €62.00 ($63.27) and set a buy rating on the stock in a research report on Tuesday, July 19th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of Moderate Buy and a consensus price target of $65.92.

BNP Paribas Trading Down 0.2 %

BNP Paribas stock opened at $24.84 on Monday. The firm’s fifty day moving average price is $23.64 and its 200-day moving average price is $25.75. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.80 and a current ratio of 0.77. BNP Paribas has a fifty-two week low of $20.37 and a fifty-two week high of $38.48.

BNP Paribas (OTCMKTS:BNPQYGet Rating) last issued its earnings results on Friday, July 29th. The financial services provider reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.18. The business had revenue of $13.62 billion during the quarter, compared to analysts’ expectations of $12.69 billion. Equities research analysts forecast that BNP Paribas will post 4.53 earnings per share for the current year.

BNP Paribas Company Profile

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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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