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

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

Several brokerages have recently commented on KBCSY. Citigroup reiterated a “neutral” rating on shares of KBC Group in a research note on Friday, May 15th. Zacks Research downgraded KBC Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 1st.

KBC Group Stock Down 0.4%

OTCMKTS:KBCSY opened at $66.30 on Friday. The firm has a market capitalization of $55.38 billion, a price-to-earnings ratio of 13.15, a price-to-earnings-growth ratio of 0.90 and a beta of 0.59. KBC Group has a twelve month low of $50.64 and a twelve month high of $73.12. The stock’s 50 day moving average price is $66.39 and its two-hundred day moving average price is $66.16.

KBC Group (OTCMKTS:KBCSY) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.07). KBC Group had a return on equity of 13.15% and a net margin of 14.98%.The company had revenue of $3.78 billion for the quarter, compared to analyst estimates of $3.79 billion. As a group, analysts anticipate that KBC Group will post 5.81 earnings per share 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.