BNP Paribas (OTCMKTS:BNPQY) Downgraded to “Moderate Sell” Rating by Keefe, Bruyette & Woods

BNP Paribas (OTCMKTS:BNPQY) was downgraded by Keefe, Bruyette & Woods from a “hold” rating to a “moderate sell” rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other brokerages have also commented on BNPQY. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BNP Paribas in a report on Friday, July 25th. DZ Bank raised BNP Paribas from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

BNP Paribas Stock Up 1.9%

BNPQY stock opened at $49.04 on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.78. The firm has a market capitalization of $110.83 billion, a PE ratio of 9.20, a PEG ratio of 0.81 and a beta of 1.13. BNP Paribas has a 1-year low of $28.93 and a 1-year high of $49.3150. The business’s 50 day simple moving average is $45.70 and its 200 day simple moving average is $42.63.

BNP Paribas (OTCMKTS:BNPQY) last issued its quarterly earnings data on Thursday, July 24th. The financial services provider reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.09. BNP Paribas had a return on equity of 8.40% and a net margin of 22.65%.The firm had revenue of $14.27 billion for the quarter, compared to analyst estimates of $12.75 billion. As a group, research analysts anticipate that BNP Paribas will post 5.02 EPS for the current year.

About BNP Paribas

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.