BNP Paribas (EPA:BNP) received a €57.00 ($67.06) price objective from equities research analysts at Deutsche Bank Aktiengesellschaft in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 6.62% from the company’s previous close.
Several other brokerages also recently weighed in on BNP. Jefferies Financial Group set a €66.00 ($77.65) price target on BNP Paribas and gave the stock a “buy” rating in a report on Friday. Berenberg Bank set a €42.00 ($49.41) price target on BNP Paribas and gave the stock a “sell” rating in a report on Tuesday, March 16th. The Goldman Sachs Group set a €67.00 ($78.82) price target on BNP Paribas and gave the stock a “buy” rating in a report on Tuesday. Royal Bank of Canada set a €60.00 ($70.59) price target on BNP Paribas and gave the stock a “buy” rating in a report on Friday. Finally, UBS Group set a €50.00 ($58.82) price target on BNP Paribas and gave the stock a “buy” rating in a report on Thursday, April 15th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the stock. BNP Paribas currently has a consensus rating of “Buy” and a consensus price target of €56.63 ($66.62).
Shares of BNP stock opened at €53.46 ($62.89) on Tuesday. BNP Paribas has a 1-year low of €57.24 ($67.34) and a 1-year high of €69.17 ($81.38). The stock’s 50-day moving average is €51.82 and its 200 day moving average is €44.85.
About BNP Paribas
BNP Paribas SA provides a range of banking and financial services in France and internationally. It operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking. The company offers long-term corporate vehicle leasing, and rental and other financing solutions; and digital banking and investment services, cash management, and factoring services to corporate clients, as well as wealth management services.
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