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

Shares of BNP Paribas SA (OTCMKTS:BNPQY) have received an average rating of “Hold” from the eight research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company.

A number of equities analysts have recently commented on the stock. Keefe, Bruyette & Woods raised shares of BNP Paribas from a “hold” rating to a “moderate buy” rating in a report on Friday, March 6th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BNP Paribas in a research report on Tuesday, February 17th. Royal Bank Of Canada restated an “outperform” rating on shares of BNP Paribas in a research report on Friday, February 6th. Citigroup reaffirmed a “buy” rating on shares of BNP Paribas in a research note on Thursday, January 22nd. Finally, Zacks Research lowered BNP Paribas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd.

BNP Paribas Stock Performance

Shares of BNPQY opened at $50.93 on Wednesday. BNP Paribas has a 12-month low of $34.77 and a 12-month high of $57.31. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.75. The company has a market cap of $112.21 billion, a PE ratio of 8.62, a price-to-earnings-growth ratio of 0.60 and a beta of 0.69. The stock has a 50-day moving average price of $52.55 and a 200-day moving average price of $46.75.

BNP Paribas (OTCMKTS:BNPQY) last posted its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.12. BNP Paribas had a net margin of 23.53% and a return on equity of 9.18%. The company had revenue of $15.27 billion for the quarter, compared to analysts’ expectations of $15.27 billion. As a group, equities analysts forecast that BNP Paribas will post 5.02 earnings per share for the current fiscal 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.