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

Shares of KBC Group SA (OTCMKTS:KBCSY) have been assigned an average recommendation of “Hold” from the six research firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company.

A number of equities analysts have issued reports on KBCSY shares. Citigroup reaffirmed a “neutral” rating on shares of KBC Group in a report on Monday, November 24th. Royal Bank Of Canada restated a “sector perform” rating on shares of KBC Group in a research note on Monday, November 17th. Morgan Stanley reissued an “overweight” rating on shares of KBC Group in a report on Friday, November 14th. Zacks Research lowered KBC Group from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th. Finally, Barclays downgraded KBC Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 2nd.

KBC Group Stock Performance

KBCSY stock opened at $65.69 on Friday. The company has a market capitalization of $54.86 billion, a PE ratio of 13.11, a price-to-earnings-growth ratio of 1.33 and a beta of 0.54. KBC Group has a 52 week low of $36.52 and a 52 week high of $66.37. The company’s 50-day simple moving average is $61.91 and its 200 day simple moving average is $57.88.

KBC Group (OTCMKTS:KBCSY) last issued its quarterly earnings data on Thursday, November 13th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.37 by $0.06. KBC Group had a return on equity of 13.96% and a net margin of 15.91%.The firm had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $3.54 billion. On average, analysts forecast that KBC Group will post 4.28 EPS for the current year.

About KBC Group

KBC Group is a Belgian bank-insurance group headquartered in Brussels that combines retail and commercial banking with life and non-life insurance, asset management, leasing and related financial services. The company operates an integrated bank-insurance model designed to serve both individual consumers and corporate clients, offering deposit accounts, lending and mortgage products, payment and treasury services, pension and protection insurance, investment solutions and wealth management.

The group’s banking activities include retail and private banking, corporate and commercial banking, and specialized finance such as leasing and factoring.