BNP Paribas (OTCMKTS:BNPQY) Shares Gap Up – Should You Buy?

BNP Paribas SA (OTCMKTS:BNPQY) shares gapped up before the market opened on Monday . The stock had previously closed at $53.19, but opened at $55.49. BNP Paribas shares last traded at $55.0560, with a volume of 5,464 shares.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BNPQY. Keefe, Bruyette & Woods upgraded shares of BNP Paribas from a “hold” rating to a “moderate buy” rating in a research report on Friday, March 6th. Citigroup restated a “buy” rating on shares of BNP Paribas in a research report on Thursday, January 22nd. Zacks Research lowered shares of BNP Paribas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BNP Paribas in a research report on Tuesday, February 17th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of BNP Paribas in a research report on Friday, February 6th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, BNP Paribas has a consensus rating of “Hold”.

BNP Paribas Trading Down 2.5%

The business’s 50-day moving average is $51.79 and its two-hundred day moving average is $47.70. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a market capitalization of $117.69 billion, a PE ratio of 9.04, a price-to-earnings-growth ratio of 0.69 and a beta of 0.76.

BNP Paribas (OTCMKTS:BNPQY) last posted its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.12. BNP Paribas had a net margin of 23.53% and a return on equity of 9.18%. The firm had revenue of $15.27 billion for the quarter, compared to analyst estimates of $15.27 billion. As a group, equities research analysts anticipate that BNP Paribas SA will post 6.75 earnings per share for the current 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.