KBC Group SA (OTCMKTS:KBCSY) Receives Consensus Recommendation of “Hold” from Analysts

KBC Group SA (OTCMKTS:KBCSY) has received a consensus recommendation of “Hold” from the six analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company.

KBCSY has been the subject of several analyst reports. Royal Bank Of Canada reiterated a “sector perform” rating on shares of KBC Group in a research report on Monday. Citigroup reaffirmed a “neutral” rating on shares of KBC Group in a research note on Wednesday, July 22nd.

KBC Group Price Performance

Shares of KBCSY stock opened at $75.91 on Monday. The firm’s 50-day moving average is $69.29 and its two-hundred day moving average is $67.23. KBC Group has a 12 month low of $56.86 and a 12 month high of $76.22. The company has a market capitalization of $63.41 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 0.95 and a beta of 0.59.

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