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

KBC Group SA (OTCMKTS:KBCSY) has been assigned a consensus rating of “Hold” from the six brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company.

Several analysts have issued reports on KBCSY shares. Zacks Research lowered 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 Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of KBC Group in a research note on Tuesday, February 24th.

KBC Group Trading Up 1.8%

Shares of KBC Group stock opened at $66.36 on Wednesday. The firm has a market capitalization of $55.43 billion, a P/E ratio of 13.17, a price-to-earnings-growth ratio of 0.88 and a beta of 0.60. The business’s fifty day simple moving average is $64.87 and its 200 day simple moving average is $65.41. KBC Group has a 12 month low of $48.19 and a 12 month high of $73.12.

KBC Group (OTCMKTS:KBCSY) last issued its earnings results on Tuesday, May 12th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by ($0.07). The firm had revenue of $3.78 billion during the quarter, compared to the consensus estimate of $3.79 billion. KBC Group had a net margin of 14.98% and a return on equity of 13.51%. Analysts predict that KBC Group will post 5.88 EPS 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.