KBC Group SA (KBCSY) – What Are Researchers Saying About This Stock?

Shares of KBC Group SA (OTCMKTS:KBCSY) have been assigned an average recommendation of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company.

Several brokerages recently commented on KBCSY. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of KBC Group in a research note on Monday, August 10th. Jefferies Financial Group started coverage on KBC Group in a research note on Wednesday, September 16th. They issued a “buy” rating for the company. Finally, Citigroup upgraded KBC Group from a “neutral” rating to a “buy” rating in a report on Thursday.

KBC Group Trading Up 1.5%

Shares of KBC Group stock opened at $63.61 on Friday. The firm’s 50-day moving average price is $73.10 and its two-hundred day moving average price is $69.75. KBC Group has a 1-year low of $58.41 and a 1-year high of $78.02. The stock has a market capitalization of $53.14 billion, a price-to-earnings ratio of 12.09, a P/E/G ratio of 0.80 and a beta of 0.64.

KBC Group (OTCMKTS:KBCSY) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.05. KBC Group had a return on equity of 13.42% and a net margin of 15.58%. The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.83 billion. As a group, equities research analysts predict that KBC Group will post 5.77 EPS for the current year.

KBC Group Company Profile

KBC Group is a Belgian financial services group headquartered in Brussels. It operates as an integrated bank-insurance organization, combining banking and insurance activities through closely connected distribution networks and digital channels.

The group provides retail, business and private banking services, including current and savings accounts, lending, payments, investment products, asset management and financial advice. Its insurance operations offer life and non-life coverage, including products for individuals, families and businesses.

KBC serves customers primarily in Belgium and selected Central and Eastern European markets, including the Czech Republic, Slovakia, Hungary and Bulgaria.