BNP Paribas SA (OTCMKTS:BNPQY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of BNP Paribas SA (OTCMKTS:BNPQY) have earned an average rating of “Moderate Buy” from the eight brokerages that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several research firms have recently weighed in on BNPQY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BNP Paribas in a report on Wednesday, July 15th. Citigroup restated a “buy” rating on shares of BNP Paribas in a report on Monday, July 20th. Royal Bank Of Canada reiterated an “outperform” rating on shares of BNP Paribas in a report on Monday, July 27th. Kepler Capital Markets raised shares of BNP Paribas from a “strong sell” rating to a “hold” rating in a research report on Monday, July 27th. Finally, DZ Bank raised shares of BNP Paribas from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 24th.

BNP Paribas Trading Down 0.0%

BNPQY opened at $64.90 on Friday. The firm’s fifty day moving average is $59.47 and its two-hundred day moving average is $54.99. The firm has a market cap of $142.99 billion, a PE ratio of 9.61, a price-to-earnings-growth ratio of 0.64 and a beta of 0.77. BNP Paribas has a twelve month low of $37.50 and a twelve month high of $65.50. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.76 and a current ratio of 0.76.

BNP Paribas (OTCMKTS:BNPQY) last posted its earnings results on Thursday, July 23rd. The financial services provider reported $2.16 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.24. BNP Paribas had a return on equity of 10.32% and a net margin of 25.22%.The firm had revenue of $16.38 billion for the quarter, compared to analyst estimates of $15.44 billion. Equities research analysts anticipate that BNP Paribas will post 6.7 EPS for the current year.

About BNP Paribas

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.