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

KBC Group SA (OTCMKTS:KBCSY) has been assigned a consensus rating of “Hold” from the six ratings firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

Several equities analysts recently issued reports on KBCSY shares. Zacks Research upgraded shares of KBC Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of KBC Group in a report on Tuesday, February 24th. Citigroup reiterated a “neutral” rating on shares of KBC Group in a report on Monday, February 23rd. Barclays lowered KBC Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 2nd. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of KBC Group in a research note on Monday, November 17th.

KBC Group Trading Down 2.3%

Shares of KBC Group stock opened at $60.46 on Friday. KBC Group has a 12-month low of $38.90 and a 12-month high of $73.12. The company has a market cap of $50.50 billion, a P/E ratio of 12.19, a PEG ratio of 0.89 and a beta of 0.55. The company’s fifty day simple moving average is $67.88 and its two-hundred day simple moving average is $63.34.

KBC Group (OTCMKTS:KBCSY) last posted its earnings results on Thursday, February 12th. The company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.40 by $0.02. The firm had revenue of $3.73 billion during the quarter, compared to analysts’ expectations of $3.64 billion. KBC Group had a net margin of 15.70% and a return on equity of 13.89%. Analysts predict that KBC Group will post 4.28 EPS for the current fiscal year.

About KBC Group

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.