BNP Paribas SA (OTCMKTS:BNPQY) Given Average Rating of “Moderate Buy” by Brokerages

BNP Paribas SA (OTCMKTS:BNPQY) has earned a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.

Several brokerages have recently issued reports on BNPQY. Royal Bank Of Canada reissued an “outperform” rating on shares of BNP Paribas in a research note on Monday, July 27th. Citigroup reiterated a “buy” rating on shares of BNP Paribas in a report on Monday, July 20th. DZ Bank upgraded BNP Paribas from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 24th. Kepler Capital Markets upgraded BNP Paribas from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BNP Paribas in a report on Wednesday, July 15th.

BNP Paribas Trading Up 0.2%

Shares of BNPQY stock opened at $64.97 on Friday. The firm’s 50-day simple moving average is $58.64 and its 200-day simple moving average is $54.65. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.76 and a quick ratio of 0.76. BNP Paribas has a 1-year low of $37.50 and a 1-year high of $65.50. The firm has a market cap of $143.14 billion, a P/E ratio of 9.63, a PEG ratio of 0.64 and a beta of 0.77.

BNP Paribas (OTCMKTS:BNPQY) last released its earnings results on Thursday, July 23rd. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $0.24. The firm had revenue of $16.38 billion during the quarter, compared to the consensus estimate of $15.44 billion. BNP Paribas had a net margin of 25.22% and a return on equity of 10.32%. As a group, equities analysts forecast that BNP Paribas will post 6.67 EPS for the current 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.