Credit Suisse Group AG Analysts Give BNP Paribas SA (BNP) a €50.00 Price Target
Several other research firms have also recently weighed in on BNP. Goldman Sachs Group Inc. set a €51.00 ($56.67) price objective on BNP Paribas SA and gave the company a buy rating in a research report on Wednesday, July 13th. Independent Research GmbH set a €52.00 ($57.78) price target on BNP Paribas SA and gave the stock a buy rating in a research report on Friday, July 29th. HSBC set a €53.00 ($58.89) price target on BNP Paribas SA and gave the stock a neutral rating in a research report on Friday, June 3rd. Deutsche Bank AG set a €58.00 ($64.44) price target on BNP Paribas SA and gave the stock a buy rating in a research report on Monday, June 6th. Finally, RBC Capital Markets set a €48.00 ($53.33) price target on BNP Paribas SA and gave the stock a buy rating in a research report on Friday, July 29th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the stock. BNP Paribas SA currently has a consensus rating of Buy and an average target price of €49.08 ($54.54).
BNP Paribas SA (EPA:BNP) opened at 44.955 on Friday. The firm’s 50-day moving average price is €44.93 and its 200 day moving average price is €44.55. BNP Paribas SA has a one year low of €35.27 and a one year high of €58.17. The company has a market capitalization of €55.99 billion and a price-to-earnings ratio of 8.415.
About BNP Paribas SA
BNP Paribas SA is a provider of banking and financial services, has four domestic retail banking markets in Europe, namely Belgium, France, Italy and Luxembourg. The Bank operates in 75 countries over 147,000 in Europe. The Bank operates in two divisions: Retail Banking & Services, which include Domestic Markets and a new entity, International Financial Services which includes the operations of BancWest, Europe-Mediterranean, Personal Finance, Wealth and Asset Management and Insurance, and Corporate and Institutional Banking (CIB), including Corporate Banking, Global Markets and Securities Services.
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