BNP Paribas SA (EPA:BNP) Receives Average Rating of “Hold” from Analysts

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BNP Paribas SA (EPA:BNP) has earned an average recommendation of “Hold” from the thirteen research firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is €50.79 ($59.06).

Several research firms have recently weighed in on BNP. Credit Suisse Group set a €47.00 ($54.65) target price on BNP Paribas and gave the company a “neutral” rating in a report on Thursday, August 1st. Deutsche Bank set a €57.00 ($66.28) target price on BNP Paribas and gave the company a “buy” rating in a report on Thursday, August 1st. Goldman Sachs Group reissued a “buy” rating on shares of BNP Paribas in a report on Tuesday, August 6th. HSBC set a €46.00 ($53.49) target price on BNP Paribas and gave the company a “neutral” rating in a report on Tuesday, July 9th. Finally, Jefferies Financial Group set a €54.20 ($63.02) price target on BNP Paribas and gave the company a “buy” rating in a research report on Friday, August 9th.

Shares of BNP Paribas stock traded down €0.88 ($1.02) on Friday, hitting €40.07 ($46.59). The stock had a trading volume of 4,349,421 shares, compared to its average volume of 3,880,000. BNP Paribas has a 52-week low of €57.24 ($66.56) and a 52-week high of €69.17 ($80.43). The business has a 50 day moving average price of €41.67.

About BNP Paribas

BNP Paribas SA provides a range of banking and financial services in France and internationally. It operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking. The company offers long-term corporate vehicle leasing, and rental and other financing solutions; and digital banking and investment services, cash management, and factoring services to corporate clients, as well as wealth management services.

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Analyst Recommendations for BNP Paribas (EPA:BNP)

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