BNP Paribas SA (OTCMKTS:BNPQY) Given Average Recommendation of “Hold” by Analysts

BNP Paribas SA (OTCMKTS:BNPQY) has received a consensus recommendation of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several equities research analysts have recently issued reports on BNPQY shares. Zacks Research upgraded shares of BNP Paribas from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Citigroup restated a “buy” rating on shares of BNP Paribas in a report on Thursday. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BNP Paribas in a research report on Friday, October 10th. DZ Bank cut BNP Paribas from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. Finally, Barclays cut BNP Paribas from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, October 22nd.

BNP Paribas Stock Up 1.9%

BNP Paribas stock opened at $51.76 on Tuesday. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.80. BNP Paribas has a fifty-two week low of $32.76 and a fifty-two week high of $52.00. The firm has a fifty day moving average price of $45.97 and a two-hundred day moving average price of $44.95. The firm has a market cap of $115.61 billion, a price-to-earnings ratio of 9.33, a P/E/G ratio of 0.73 and a beta of 0.74.

BNP Paribas (OTCMKTS:BNPQY) last posted its quarterly earnings data on Tuesday, October 28th. The financial services provider reported $1.53 EPS for the quarter, hitting analysts’ consensus estimates of $1.53. The business had revenue of $81.48 billion for the quarter, compared to analyst estimates of $12.84 billion. BNP Paribas had a return on equity of 8.56% and a net margin of 22.74%. As a group, 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.