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

KBC Group SA (OTCMKTS:KBCSY) has been given a consensus recommendation of “Hold” by the six analysts that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company.

Several analysts have recently issued reports on the stock. Zacks Research lowered shares of KBC Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 10th. Royal Bank Of Canada reissued a “sector perform” rating on shares of KBC Group in a report on Monday, November 17th. Citigroup restated a “neutral” rating on shares of KBC Group in a research report on Monday, November 24th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of KBC Group in a research report on Tuesday, August 12th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of KBC Group in a research note on Friday, November 14th.

KBC Group Stock Performance

KBCSY stock opened at $62.00 on Wednesday. The stock has a fifty day moving average of $60.11 and a 200-day moving average of $56.32. KBC Group has a fifty-two week low of $36.52 and a fifty-two week high of $63.93. The company has a market capitalization of $51.78 billion, a price-to-earnings ratio of 12.38, a PEG ratio of 1.26 and a beta of 0.54.

KBC Group (OTCMKTS:KBCSY) last announced its quarterly earnings data on Thursday, November 13th. The company reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.06. The business had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $3.54 billion. KBC Group had a return on equity of 14.53% and a net margin of 15.91%. Equities analysts predict that KBC Group will post 4.28 EPS for the current year.

KBC Group Company Profile

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.