BNP Paribas (OTCMKTS:BNPQY) Upgraded at Zacks Research

Zacks Research upgraded shares of BNP Paribas (OTCMKTS:BNPQY) from a hold rating to a strong-buy rating in a research report released on Tuesday morning,Zacks.com reports.

Other equities research analysts have also recently issued research reports about the stock. Royal Bank Of Canada restated an “outperform” rating on shares of BNP Paribas in a report on Friday, October 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BNP Paribas in a research note on Wednesday. Barclays cut BNP Paribas from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, October 22nd. DZ Bank downgraded BNP Paribas from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. Finally, Keefe, Bruyette & Woods upgraded shares of BNP Paribas from a “moderate sell” rating to a “hold” rating in a research note on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, BNP Paribas currently has a consensus rating of “Hold”.

BNP Paribas Trading Up 1.9%

BNPQY opened at $51.76 on Tuesday. The stock has a market cap of $115.61 billion, a PE ratio of 9.33, a PEG ratio of 0.73 and a beta of 0.74. The business has a 50 day moving average of $45.97 and a 200-day moving average of $44.95. BNP Paribas has a 52 week low of $32.76 and a 52 week high of $52.00. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.75.

BNP Paribas (OTCMKTS:BNPQY) last announced its quarterly earnings data on Tuesday, October 28th. The financial services provider reported $1.53 EPS for the quarter, meeting the consensus estimate of $1.53. The business had revenue of $81.48 billion during the quarter, compared to analyst estimates of $12.84 billion. BNP Paribas had a return on equity of 8.56% and a net margin of 22.74%. Equities research analysts predict that BNP Paribas will post 5.02 earnings per share for the current fiscal year.

About BNP Paribas

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.