KBC Group SA (OTCMKTS:KBCSY) Given Consensus Rating of “Hold” by Brokerages

Shares of KBC Group SA (OTCMKTS:KBCSY) have earned a consensus rating of “Hold” from the six research firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company.

A number of brokerages have recently issued reports on KBCSY. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of KBC Group in a report on Monday, August 10th. Citigroup reiterated a “neutral” rating on shares of KBC Group in a report on Wednesday, July 22nd.

KBC Group Stock Down 1.5%

Shares of OTCMKTS KBCSY opened at $75.06 on Friday. The firm has a market cap of $62.70 billion, a P/E ratio of 14.27, a PEG ratio of 0.96 and a beta of 0.59. KBC Group has a twelve month low of $56.86 and a twelve month high of $78.02. The company has a 50 day moving average of $72.86 and a 200 day moving average of $68.03.

KBC Group (OTCMKTS:KBCSY) last issued its earnings results on Thursday, August 6th. The company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.59 by $0.05. The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.83 billion. KBC Group had a return on equity of 13.42% and a net margin of 15.58%. As a group, equities analysts expect that KBC Group will post 5.87 earnings per share for the current fiscal year.

About KBC Group

KBC Group NV is a Belgium-based financial group that provides banking and insurance services to individuals, businesses and institutional clients. Through its banking operations, the company offers deposit accounts, consumer and mortgage lending, payment services, investment products, wealth management, leasing and corporate finance. Its insurance activities include life and non-life insurance, including coverage for property, automobiles, health and other personal and commercial risks.

KBC primarily serves customers in Belgium and selected Central and Eastern European markets, including the Czech Republic, Slovakia, Hungary and Bulgaria.