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

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

Several analysts recently weighed in on KBCSY shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of KBC Group in a research report on Tuesday, February 24th. Citigroup restated a “neutral” rating on shares of KBC Group in a research report on Monday, February 23rd. Finally, Zacks Research downgraded KBC Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 1st.

KBC Group Stock Performance

OTCMKTS:KBCSY opened at $66.63 on Friday. The stock has a fifty day moving average price of $64.71 and a 200-day moving average price of $64.58. The company has a market cap of $55.66 billion, a price-to-earnings ratio of 13.43, a PEG ratio of 0.89 and a beta of 0.60. KBC Group has a fifty-two week low of $45.19 and a fifty-two week high of $73.12.

KBC Group (OTCMKTS:KBCSY) last released its earnings results on Thursday, February 12th. The company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.02. The firm had revenue of $3.73 billion during the quarter, compared to the consensus estimate of $3.64 billion. KBC Group had a return on equity of 13.89% and a net margin of 15.70%. Research analysts predict that KBC Group will post 5.89 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.