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

KBC Group SA (OTCMKTS:KBCSY) has earned a consensus rating of “Hold” from the six research firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company.

KBCSY has been the subject of several recent analyst reports. Zacks Research cut shares of KBC Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 1st. Citigroup restated a “neutral” rating on shares of KBC Group in a research note on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of KBC Group in a research note on Tuesday, February 24th.

KBC Group Stock Performance

KBCSY stock opened at $68.37 on Tuesday. KBC Group has a one year low of $44.20 and a one year high of $73.12. The stock has a market capitalization of $57.11 billion, a PE ratio of 13.78, a price-to-earnings-growth ratio of 0.90 and a beta of 0.59. The company has a fifty day moving average of $65.31 and a 200-day moving average of $63.85.

KBC Group (OTCMKTS:KBCSY) last released 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. KBC Group had a net margin of 15.70% and a return on equity of 13.89%. The company had revenue of $3.73 billion during the quarter, compared to analysts’ expectations of $3.64 billion. Equities analysts forecast that KBC Group will post 4.28 earnings per share 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.