KBC Group SA (OTCMKTS:KBCSY) Receives Average Recommendation of “Hold” from Brokerages

Shares of KBC Group SA (OTCMKTS:KBCSY) have received an average recommendation of “Hold” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company.

A number of brokerages have weighed in on KBCSY. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of KBC Group in a research note on Monday, August 10th. Citigroup restated a “neutral” rating on shares of KBC Group in a report on Wednesday, July 22nd.

KBC Group Price Performance

OTCMKTS KBCSY opened at $77.91 on Friday. KBC Group has a one year low of $56.86 and a one year high of $78.02. The firm has a market cap of $65.08 billion, a P/E ratio of 14.81, a P/E/G ratio of 0.96 and a beta of 0.59. The stock’s 50-day moving average is $71.98 and its 200-day moving average is $67.74.

KBC Group (OTCMKTS:KBCSY) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.05. KBC Group had a return on equity of 13.48% and a net margin of 15.58%.The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.83 billion. Equities analysts anticipate that KBC Group will post 5.85 EPS for the current year.

KBC Group Company Profile

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.