BNP Paribas (OTCMKTS:BNPQY) Hits New 12-Month High – Here’s What Happened

BNP Paribas SA (OTCMKTS:BNPQY)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $57.31 and last traded at $57.18, with a volume of 26638 shares changing hands. The stock had previously closed at $56.34.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on BNPQY shares. Citigroup restated a “buy” rating on shares of BNP Paribas in a report on Thursday, January 22nd. Keefe, Bruyette & Woods upgraded shares of BNP Paribas from a “moderate sell” rating to a “hold” rating in a research note on Monday, December 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BNP Paribas in a research report on Tuesday, February 17th. Royal Bank Of Canada reiterated an “outperform” rating on shares of BNP Paribas in a report on Friday, February 6th. Finally, Zacks Research raised BNP Paribas from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, BNP Paribas presently has a consensus rating of “Hold”.

BNP Paribas Stock Up 0.5%

The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. The stock has a market cap of $124.75 billion, a PE ratio of 9.58, a price-to-earnings-growth ratio of 0.66 and a beta of 0.72. The firm has a fifty day moving average of $51.01 and a 200 day moving average of $46.28.

BNP Paribas (OTCMKTS:BNPQY) last released its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.12. BNP Paribas had a return on equity of 9.18% and a net margin of 23.53%.The business had revenue of $15.27 billion during the quarter, compared to analysts’ expectations of $15.27 billion. On average, equities research analysts anticipate that BNP Paribas SA will post 5.02 EPS for the current fiscal year.

BNP Paribas Company Profile

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.