BNP Paribas (EPA:BNP) Given a €57.00 Price Target by UBS Group Analysts
UBS Group set a €57.00 ($66.28) price target on BNP Paribas (EPA:BNP) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities analysts have also recently issued reports about the stock. Kepler Capital Markets set a €57.70 ($67.09) price target on shares of BNP Paribas and gave the company a neutral rating in a report on Monday. HSBC set a €52.00 ($60.47) price objective on BNP Paribas and gave the company a neutral rating in a research report on Tuesday, November 26th. Barclays set a €45.00 ($52.33) price objective on BNP Paribas and gave the company a sell rating in a research report on Thursday, October 31st. JPMorgan Chase & Co. set a €53.00 ($61.63) target price on BNP Paribas and gave the company a neutral rating in a research note on Monday, January 6th. Finally, Credit Suisse Group set a €47.00 ($54.65) target price on BNP Paribas and gave the stock a neutral rating in a research report on Friday, November 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of €54.69 ($63.59).
Shares of EPA:BNP traded down €0.37 ($0.43) during trading on Wednesday, reaching €50.59 ($58.83). 3,309,337 shares of the company traded hands, compared to its average volume of 3,880,000. The firm has a fifty day simple moving average of €52.01 and a 200 day simple moving average of €46.02. BNP Paribas has a 1-year low of €57.24 ($66.56) and a 1-year high of €69.17 ($80.43).
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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