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

BNP Paribas SA (OTCMKTS:BNPQY) has been given an average recommendation of “Hold” by the eight research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of analysts recently weighed in on the stock. Barclays cut shares of BNP Paribas from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, October 22nd. Keefe, Bruyette & Woods upgraded BNP Paribas from a “moderate sell” rating to a “hold” rating in a research report on Monday, December 15th. Royal Bank Of Canada reiterated an “outperform” rating on shares of BNP Paribas in a research note on Friday, February 6th. DZ Bank cut BNP Paribas from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 29th. Finally, Zacks Research upgraded shares of BNP Paribas from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th.

BNP Paribas Stock Down 2.9%

Shares of OTCMKTS BNPQY opened at $52.92 on Friday. The stock has a market cap of $116.59 billion, a PE ratio of 8.95, a price-to-earnings-growth ratio of 0.65 and a beta of 0.72. BNP Paribas has a 52-week low of $34.77 and a 52-week high of $56.50. The business has a 50-day moving average price of $50.04 and a 200 day moving average price of $45.93. 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 issued its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.12. The company had revenue of $15.27 billion during the quarter, compared to analysts’ expectations of $15.27 billion. BNP Paribas had a return on equity of 9.18% and a net margin of 23.53%. Equities research analysts forecast that BNP Paribas will post 5.02 earnings per share for the current year.

BNP Paribas Company Profile

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.