KBC Group SA (OTCMKTS:KBCSY) Given Average Recommendation of “Hold” by Brokerages

KBC Group SA (OTCMKTS:KBCSY) has been given a consensus recommendation of “Hold” by the six ratings firms that are currently covering the stock, Marketbeat reports. One equities research 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 analysts have weighed in on the stock. Citigroup restated a “neutral” rating on shares of KBC Group in a research note on Wednesday, July 22nd. Royal Bank Of Canada reiterated a “sector perform” rating on shares of KBC Group in a report on Monday, July 20th.

KBC Group Price Performance

OTCMKTS:KBCSY opened at $74.07 on Monday. The company has a market capitalization of $61.87 billion, a PE ratio of 14.08, a P/E/G ratio of 0.95 and a beta of 0.59. KBC Group has a 1-year low of $56.86 and a 1-year high of $74.13. The firm’s 50-day moving average price is $68.36 and its 200-day moving average price is $67.00.

KBC Group (OTCMKTS:KBCSY) last released its earnings results on Thursday, August 6th. The company reported $1.64 EPS for the quarter, topping 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 13.48% and a net margin of 15.58%. Equities analysts anticipate that KBC Group will post 5.79 EPS for the current fiscal year.

KBC Group Company Profile

KBC Group is a Belgian bank-insurance group headquartered in Brussels that combines retail and commercial banking with life and non-life insurance, asset management, leasing and related financial services. The company operates an integrated bank-insurance model designed to serve both individual consumers and corporate clients, offering deposit accounts, lending and mortgage products, payment and treasury services, pension and protection insurance, investment solutions and wealth management.

The group’s banking activities include retail and private banking, corporate and commercial banking, and specialized finance such as leasing and factoring.