KBC Group SA (OTCMKTS:KBCSY) Receives Average Recommendation of “Hold” from Analysts

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

KBCSY has been the topic of a number of recent research reports. Zacks Research downgraded KBC Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 1st. Citigroup reaffirmed a “neutral” rating on shares of KBC Group in a report on Friday, May 15th.

KBC Group Price Performance

OTCMKTS KBCSY opened at $68.76 on Thursday. The company has a market capitalization of $57.44 billion, a PE ratio of 13.64, a P/E/G ratio of 0.94 and a beta of 0.60. The company has a fifty day moving average of $66.75 and a 200 day moving average of $66.56. KBC Group has a 1 year low of $51.28 and a 1 year high of $73.12.

KBC Group (OTCMKTS:KBCSY) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.07). The business had revenue of $3.78 billion during the quarter, compared to analysts’ expectations of $3.79 billion. KBC Group had a net margin of 14.98% and a return on equity of 13.15%. Research analysts expect that KBC Group will post 5.81 earnings per share 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.