BNP Paribas SA (OTCMKTS:BNPQY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of BNP Paribas SA (OTCMKTS:BNPQY) have been assigned an average rating of “Hold” from the five research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating on the company.

A number of brokerages recently issued reports on BNPQY. Royal Bank Of Canada restated an “outperform” rating on shares of BNP Paribas in a report on Friday, October 10th. Keefe, Bruyette & Woods downgraded BNP Paribas from a “hold” rating to a “moderate sell” rating in a report on Thursday, August 21st. DZ Bank cut shares of BNP Paribas from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. Finally, Barclays downgraded shares of BNP Paribas from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, October 22nd.

BNP Paribas Stock Up 2.1%

BNPQY opened at $42.91 on Monday. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market capitalization of $95.84 billion, a PE ratio of 7.73, a P/E/G ratio of 0.67 and a beta of 1.05. The stock’s fifty day moving average is $41.70 and its 200-day moving average is $43.99. BNP Paribas has a one year low of $28.93 and a one year high of $49.32.

BNP Paribas (OTCMKTS:BNPQY) last released its earnings results on Tuesday, October 28th. The financial services provider reported $1.53 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.53. BNP Paribas had a return on equity of 8.65% and a net margin of 22.74%.The firm had revenue of $81.48 billion for the quarter, compared to analyst estimates of $12.84 billion. On average, equities analysts predict that BNP Paribas will post 5.02 EPS for the current fiscal year.

BNP Paribas Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, October 29th. Stockholders of record on Friday, September 26th were issued a dividend of $1.2622 per share. The ex-dividend date was Thursday, September 25th. This represents a dividend yield of 272.0%. BNP Paribas’s payout ratio is currently 56.22%.

About BNP Paribas

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.