BNP Paribas (EPA:BNP) Share Price Passes Above 200-Day Moving Average of $47.98

BNP Paribas SA (EPA:BNPGet Rating)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €47.98 ($48.96) and traded as high as €52.86 ($53.94). BNP Paribas shares last traded at €52.74 ($53.82), with a volume of 1,838,265 shares.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on BNP shares. JPMorgan Chase & Co. set a €61.00 ($62.24) price objective on BNP Paribas in a research report on Friday, November 4th. Royal Bank of Canada set a €65.00 ($66.33) price objective on BNP Paribas in a research report on Thursday, November 3rd. Jefferies Financial Group set a €73.00 ($74.49) target price on BNP Paribas in a report on Monday, October 17th. Credit Suisse Group set a €75.00 ($76.53) target price on BNP Paribas in a report on Friday, November 4th. Finally, set a €68.00 ($69.39) target price on BNP Paribas in a report on Monday, August 1st.

BNP Paribas Price Performance

The firm has a 50 day moving average price of €47.66 and a 200-day moving average price of €47.98.

About BNP Paribas

(Get Rating)

BNP Paribas SA engages in the provision of banking and financial services in Europe, North America, Asia Pacific, and internationally. It operates through three divisions: Corporate & Institutional Banking; Investment & Protection Services; and Commercial, Personal Banking & Services. The Corporate & Institutional Banking division offers capital markets, securities services, investment banking, financing, risk management, cash management, and financial advisory services for corporate clients, and institutional investors.

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