Zacks Investment Research lowered shares of BNP PARIBAS/S (OTCMKTS:BNPQY) from a buy rating to a hold rating in a research report released on Thursday, reports.

According to Zacks, “BNP PARIBAS is a European leader in global banking and financial services and is one of the four strongest banks in the world according to Standard & Poor’s. The group holds key positions in three major segments: Corporate and Investment Banking, Asset Management & Services and Retail Banking. Present throughout Europe in all of its business lines, the bank’s two domestic markets in retail banking are France and Italy. In the United States, BNP Paribas employs 15,000 people including 2,500 employees in its Corporate and Investment Banking as well as Asset Management and Services businesses which are headquartered in New York. It is also present in other financial hubs throughout the United States including Chicago, San Francisco, Los Angeles, Dallas, Houston, Miami and Boston. BNP Paribas also operates a retail banking business through its subsidiary Bank of the West with over 700 branches in the Western US. “

A number of other equities research analysts have also weighed in on the company. Societe Generale lowered BNP PARIBAS/S to a sell rating in a report on Monday. ValuEngine raised BNP PARIBAS/S from a strong sell rating to a sell rating in a report on Thursday, August 1st. Two analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. The stock presently has an average rating of Hold and an average target price of $25.00.

BNPQY traded up $0.38 during trading on Thursday, reaching $25.05. The company’s stock had a trading volume of 78,121 shares, compared to its average volume of 311,434. BNP PARIBAS/S has a 52-week low of $21.55 and a 52-week high of $32.50. The company’s fifty day moving average price is $22.90 and its 200-day moving average price is $24.16. The company has a market capitalization of $62.52 billion, a price-to-earnings ratio of 7.41, a price-to-earnings-growth ratio of 1.43 and a beta of 1.07. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.85 and a current ratio of 0.85.

BNP PARIBAS/S (OTCMKTS:BNPQY) last announced its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $1.06 earnings per share for the quarter. BNP PARIBAS/S had a return on equity of 7.34% and a net margin of 18.54%. The company had revenue of $12.61 billion for the quarter. Equities analysts predict that BNP PARIBAS/S will post 3.36 earnings per share for the current year.

BNP PARIBAS/S Company Profile

BNP Paribas SA provides a range of banking and financial services in France and internationally. It operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking. The company 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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