BNP Paribas SA (OTCMKTS:BNPQY) Receives Consensus Recommendation of “Hold” from Analysts

BNP Paribas SA (OTCMKTS:BNPQY) has been given an average recommendation of “Hold” by the seven research firms that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company.

Several research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BNP Paribas in a report on Wednesday. Citigroup reissued a “buy” rating on shares of BNP Paribas in a research note on Thursday, April 23rd.

BNP Paribas Trading Down 0.7%

Shares of BNPQY stock opened at $58.37 on Tuesday. The stock has a 50 day simple moving average of $55.60 and a 200-day simple moving average of $53.11. The company has a market cap of $128.60 billion, a price-to-earnings ratio of 9.37, a price-to-earnings-growth ratio of 0.58 and a beta of 0.77. BNP Paribas has a 12-month low of $37.50 and a 12-month high of $59.55.

BNP Paribas (OTCMKTS:BNPQY) last issued its earnings results on Thursday, April 30th. The financial services provider reported $1.60 EPS for the quarter, topping the consensus estimate of $1.47 by $0.13. BNP Paribas had a net margin of 23.86% and a return on equity of 9.61%. The company had revenue of $86.05 billion for the quarter, compared to analyst estimates of $15.85 billion. On average, equities analysts forecast that BNP Paribas will post 6.7 earnings per share for the current fiscal year.

BNP Paribas Company Profile

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.