BNP Paribas SA (OTCMKTS:BNPQY) Given Consensus Recommendation of “Hold” by Brokerages

BNP Paribas SA (OTCMKTS:BNPQY) has been assigned a consensus recommendation of “Hold” from the seven ratings firms that are covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Several equities analysts have commented on BNPQY shares. Keefe, Bruyette & Woods upgraded shares of BNP Paribas from a “hold” rating to a “moderate buy” rating in a research report on Friday, March 6th. Citigroup reissued a “buy” rating on shares of BNP Paribas in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BNP Paribas in a research report on Tuesday, May 26th. Finally, Zacks Research lowered shares of BNP Paribas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd.

BNP Paribas Trading Up 0.7%

Shares of BNPQY stock opened at $57.99 on Friday. BNP Paribas has a 12-month low of $37.50 and a 12-month high of $58.71. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.75. The firm’s 50 day moving average is $54.16 and its 200 day moving average is $51.88. The stock has a market capitalization of $127.76 billion, a P/E ratio of 9.31, a P/E/G ratio of 0.74 and a beta of 0.77.

BNP Paribas (OTCMKTS:BNPQY) last announced its earnings results on Thursday, April 30th. The financial services provider reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.13. The company had revenue of $86.05 billion for the quarter, compared to analysts’ expectations of $15.85 billion. BNP Paribas had a return on equity of 9.61% and a net margin of 23.86%. Research analysts expect that BNP Paribas will post 6.66 earnings per share for the current year.

BNP Paribas Company Profile

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.