BNP Paribas (BNPQY) to Release Earnings on Tuesday

BNP Paribas (OTCMKTS:BNPQY) is projected to announce its results before the market opens on Tuesday, February 3rd. Analysts expect the company to announce earnings of $1.34 per share and revenue of $15.2732 billion for the quarter.

BNP Paribas Price Performance

Shares of BNP Paribas stock opened at $53.67 on Monday. The stock has a 50 day moving average price of $47.65 and a 200-day moving average price of $45.31. BNP Paribas has a one year low of $32.76 and a one year high of $54.64. The stock has a market cap of $118.25 billion, a price-to-earnings ratio of 9.67, a price-to-earnings-growth ratio of 0.77 and a beta of 0.72. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.80 and a current ratio of 0.80.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Barclays cut shares of BNP Paribas from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BNP Paribas in a report on Wednesday, January 21st. DZ Bank lowered BNP Paribas from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 29th. Royal Bank Of Canada reiterated an “outperform” rating on shares of BNP Paribas in a report on Friday, October 10th. Finally, Keefe, Bruyette & Woods upgraded BNP Paribas from a “moderate sell” rating to a “hold” rating in a report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, BNP Paribas presently has a consensus rating of “Hold”.

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.