BNP Paribas SA (BNP) Given a €58.00 Price Target at Deutsche Bank AG
A number of other analysts have also issued reports on BNP. Morgan Stanley set a €52.00 ($55.91) price objective on BNP Paribas SA and gave the company a buy rating in a research note on Friday, July 29th. JPMorgan Chase & Co. set a €50.00 ($53.76) price objective on BNP Paribas SA and gave the company a neutral rating in a research note on Monday, October 31st. Jefferies Group set a €52.00 ($55.91) price objective on BNP Paribas SA and gave the company a neutral rating in a research note on Wednesday, September 14th. RBC Capital Markets set a €48.00 ($51.61) target price on BNP Paribas SA and gave the stock a buy rating in a research note on Friday, July 29th. Finally, Kepler Capital Markets set a €47.92 ($51.53) target price on BNP Paribas SA and gave the stock a neutral rating in a research note on Wednesday, October 19th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of €51.87 ($55.77).
BNP Paribas SA (EPA:BNP) opened at 55.85 on Monday. The company has a market capitalization of €69.48 billion and a P/E ratio of 10.31. The stock’s 50 day moving average price is €51.46 and its 200-day moving average price is €46.15. BNP Paribas SA has a 12 month low of €35.27 and a 12 month high of €57.06.
About BNP Paribas SA
BNP Paribas SA is a provider of banking and financial services, has four domestic retail banking markets in Europe, namely Belgium, France, Italy and Luxembourg. The Bank operates in 75 countries over 147,000 in Europe. The Bank operates in two divisions: Retail Banking & Services, which include Domestic Markets and a new entity, International Financial Services which includes the operations of BancWest, Europe-Mediterranean, Personal Finance, Wealth and Asset Management and Insurance, and Corporate and Institutional Banking (CIB), including Corporate Banking, Global Markets and Securities Services.
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