KBC Group (OTCMKTS:KBCSY) Reaches New 52-Week High – Should You Buy?

KBC Group NV (OTCMKTS:KBCSY) hit a new 52-week high during trading on Wednesday . The company traded as high as $44.12 and last traded at $43.79, with a volume of 15040 shares. The stock had previously closed at $42.91.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of KBC Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 17th.

KBC Group Stock Performance

The company has a market capitalization of $36.56 billion, a price-to-earnings ratio of 9.73, a P/E/G ratio of 1.75 and a beta of 1.12. The company has a fifty day simple moving average of $39.23 and a two-hundred day simple moving average of $38.15.

KBC Group (OTCMKTS:KBCSY) last released its earnings results on Thursday, February 13th. The company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.26 by $0.21. KBC Group had a return on equity of 14.40% and a net margin of 13.32%. The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $2.96 billion. As a group, 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.