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

KBC Group SA (OTCMKTS:KBCSY) has been given a consensus recommendation of “Hold” by the six research firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company.

A number of equities analysts recently commented on KBCSY shares. Morgan Stanley reaffirmed an “overweight” rating on shares of KBC Group in a research report on Friday, November 14th. Citigroup reiterated a “neutral” rating on shares of KBC Group in a research note on Monday, November 24th. Barclays downgraded KBC Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 2nd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of KBC Group in a research report on Monday, November 17th.

KBC Group Trading Down 2.5%

OTCMKTS:KBCSY opened at $67.05 on Monday. The stock has a 50 day simple moving average of $67.48 and a 200 day simple moving average of $62.24. The stock has a market cap of $56.01 billion, a P/E ratio of 13.52, a PEG ratio of 1.01 and a beta of 0.54. KBC Group has a 1-year low of $38.90 and a 1-year high of $73.12.

KBC Group (OTCMKTS:KBCSY) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.02. The firm had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.64 billion. KBC Group had a return on equity of 13.89% and a net margin of 15.70%. As a group, sell-side analysts forecast that KBC Group will post 4.28 EPS for the current year.

KBC Group Company Profile

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.