BNP Paribas SA (OTCMKTS:BNPQY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of BNP Paribas SA (OTCMKTS:BNPQY) have been assigned an average recommendation of “Moderate Buy” from the eight research firms that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

A number of analysts have issued reports on the company. DZ Bank raised BNP Paribas from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 24th. Citigroup reiterated a “buy” rating on shares of BNP Paribas in a research note on Monday, July 20th. Royal Bank Of Canada reissued an “outperform” rating on shares of BNP Paribas in a report on Monday, July 27th. Kepler Capital Markets raised shares of 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 research report on Wednesday, July 15th.

BNP Paribas Price Performance

Shares of OTCMKTS:BNPQY opened at $64.55 on Friday. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market capitalization of $142.22 billion, a P/E ratio of 9.56, a price-to-earnings-growth ratio of 0.63 and a beta of 0.77. BNP Paribas has a fifty-two week low of $37.50 and a fifty-two week high of $65.50. The company’s 50-day moving average is $59.04 and its 200 day moving average is $54.83.

BNP Paribas (OTCMKTS:BNPQY) last released its earnings results on Thursday, July 23rd. The financial services provider reported $2.16 earnings per share 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%. On average, equities research analysts forecast that BNP Paribas will post 6.7 earnings per share 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.