BNP Paribas SA (OTCMKTS:BNPQY) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

BNP Paribas SA (OTCMKTS:BNPQY) has been given a consensus rating of “Moderate Buy” by the eight research firms that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company.

Several research firms have recently commented on BNPQY. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BNP Paribas in a report on Monday, July 27th. Kepler Capital Markets upgraded shares of BNP Paribas from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BNP Paribas in a research note on Wednesday, July 15th. Citigroup reaffirmed a “buy” rating on shares of BNP Paribas in a report on Monday, July 20th. Finally, DZ Bank raised BNP Paribas from a “hold” rating to a “strong-buy” rating in a report on Friday, July 24th.

BNP Paribas Trading Down 3.6%

BNPQY opened at $51.49 on Friday. BNP Paribas has a 12-month low of $37.50 and a 12-month high of $65.50. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a market capitalization of $113.44 billion, a PE ratio of 7.63, a P/E/G ratio of 0.53 and a beta of 0.80. The firm’s fifty day moving average price is $60.63 and its 200 day moving average price is $56.29.

BNP Paribas (OTCMKTS:BNPQY) last posted its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $1.92 by $0.24. The business had revenue of $16.38 billion during the quarter, compared to the consensus estimate of $15.44 billion. BNP Paribas had a return on equity of 10.32% and a net margin of 25.22%. As a group, research analysts expect that BNP Paribas will post 6.71 EPS for the current fiscal year.

About BNP Paribas

BNP Paribas is a major European banking group headquartered in France. The company provides banking and financial services to individual customers, businesses, institutional clients and public-sector organizations through a range of operations spanning retail banking, commercial banking, corporate and institutional banking, and investment and protection services.

Its activities include deposit and lending products, payment services, consumer finance, wealth management, insurance, asset management, securities services, and capital-markets and advisory services.