KBC Group (OTCMKTS:KBCSY) Hits New 1-Year High – Still a Buy?

KBC Group NV (OTCMKTS:KBCSY) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $47.89 and last traded at $47.77, with a volume of 21151 shares traded. The stock had previously closed at $47.26.

Analyst Ratings Changes

KBCSY has been the topic of several research analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of KBC Group in a report on Friday, March 7th. Barclays raised shares of KBC Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 17th.

KBC Group Stock Up 1.1 %

The stock has a market capitalization of $39.89 billion, a PE ratio of 10.62, a price-to-earnings-growth ratio of 1.75 and a beta of 1.10. The stock has a fifty day moving average of $42.08 and a 200-day moving average of $39.18.

KBC Group (OTCMKTS:KBCSY) last released its earnings results on Thursday, February 13th. The company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21. KBC Group had a net margin of 13.32% and a return on equity of 14.40%. The firm had revenue of $3.13 billion for the quarter, compared to analyst estimates of $2.96 billion. Equities research analysts expect that KBC Group NV will post 4.28 EPS for the current year.

KBC Group Company Profile

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.