BNP Paribas (EPA:BNP) Given a €77.00 Price Target by Goldman Sachs Group Analysts

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Goldman Sachs Group set a €77.00 ($89.53) price target on BNP Paribas (EPA:BNP) in a research note released on Tuesday, October 23rd. The firm currently has a buy rating on the stock.

A number of other analysts have also weighed in on the stock. Royal Bank of Canada set a €60.00 ($69.77) price objective on shares of BNP Paribas and gave the stock a buy rating in a research note on Friday, October 19th. Deutsche Bank set a €68.00 ($79.07) price target on shares of BNP Paribas and gave the company a buy rating in a research report on Thursday, October 18th. UBS Group set a €62.00 ($72.09) price target on shares of BNP Paribas and gave the company a buy rating in a research report on Thursday, October 4th. HSBC set a €58.00 ($67.44) price objective on shares of BNP Paribas and gave the company a neutral rating in a report on Tuesday, October 2nd. Finally, Morgan Stanley set a €66.90 ($77.79) price objective on shares of BNP Paribas and gave the company a buy rating in a report on Monday, September 10th. Five analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of €64.29 ($74.75).

Shares of BNP traded up €0.64 ($0.74) during trading hours on Tuesday, reaching €62.45 ($72.62). 7,560,000 shares of the company traded hands, compared to its average volume of 3,880,000. BNP Paribas has a 12-month low of €57.24 ($66.56) and a 12-month high of €69.17 ($80.43).

About BNP Paribas

BNP Paribas SA provides a range of banking and financial services in France and internationally. The company operates through two divisions, Retail Banking and Services; and Corporate and Institutional Banking. It offers long-term corporate vehicle leasing, and rental and other financing solutions; and digital banking and investment services, cash management, and factoring services to corporate clients, as well as wealth management services.

Further Reading: Reverse Stock Split

Analyst Recommendations for BNP Paribas (EPA:BNP)

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