BNP Paribas (EPA:BNP) has been given a €60.00 ($69.77) price target by analysts at Royal Bank of Canada in a report issued on Friday, October 19th. The brokerage currently has a “buy” rating on the stock. Royal Bank of Canada’s target price points to a potential downside of 3.92% from the stock’s current price.
BNP has been the topic of several other research reports. Goldman Sachs Group set a €79.00 ($91.86) price objective on BNP Paribas and gave the stock a “buy” rating in a research note on Monday, September 10th. Credit Suisse Group set a €63.00 ($73.26) target price on BNP Paribas and gave the stock a “neutral” rating in a research report on Tuesday, July 24th. Morgan Stanley set a €68.30 ($79.42) target price on BNP Paribas and gave the stock a “buy” rating in a research report on Friday, July 20th. HSBC set a €58.00 ($67.44) target price on BNP Paribas and gave the stock a “neutral” rating in a research report on Thursday, September 13th. Finally, Deutsche Bank set a €69.00 ($80.23) price target on BNP Paribas and gave the company a “buy” rating in a report on Friday, August 10th. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of €64.29 ($74.75).
BNP stock traded up €0.64 ($0.74) during trading on Friday, reaching €62.45 ($72.62). The stock had a trading volume of 7,560,000 shares, compared to its average volume of 3,880,000. BNP Paribas has a 52 week low of €57.24 ($66.56) and a 52 week high of €69.17 ($80.43).
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.
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