KBC Group SA (OTCMKTS:KBCSY) Given Consensus Recommendation of “Hold” by Analysts

Shares of KBC Group SA (OTCMKTS:KBCSY) have received an average recommendation of “Hold” from the six ratings firms that are covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company.

A number of research firms recently weighed in on KBCSY. Citigroup reissued a “neutral” rating on shares of KBC Group in a research note on Wednesday, October 8th. Morgan Stanley reissued an “overweight” rating on shares of KBC Group in a research report on Wednesday, October 8th. Royal Bank Of Canada reissued a “sector perform” rating on shares of KBC Group in a research report on Friday, August 8th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of KBC Group in a research report on Tuesday, August 12th. Finally, Barclays lowered shares of KBC Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 15th.

KBC Group Price Performance

OTCMKTS KBCSY opened at $59.10 on Tuesday. The firm has a market capitalization of $49.35 billion, a price-to-earnings ratio of 12.42, a P/E/G ratio of 1.31 and a beta of 0.80. The company’s fifty day moving average is $59.17 and its two-hundred day moving average is $52.34. KBC Group has a 52-week low of $35.43 and a 52-week high of $61.62.

KBC Group (OTCMKTS:KBCSY) last posted its quarterly earnings results on Thursday, August 7th. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.02. KBC Group had a net margin of 15.04% and a return on equity of 14.18%. As a group, sell-side analysts expect that KBC Group will post 4.28 earnings per share for the current fiscal year.

KBC Group Company Profile

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.