KBC Group SA (OTCMKTS:KBCSY) Stock Rated “Hold” by Wall Street Analysts

Shares of KBC Group SA (OTCMKTS:KBCSY) have earned a consensus rating of “Hold” from the seven ratings firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company.

KBCSY has been the subject of a number of recent analyst reports. Royal Bank Of Canada reissued a “sector perform” rating on shares of KBC Group in a research report on Monday, August 10th. Citigroup reaffirmed a “neutral” rating on shares of KBC Group in a research report on Tuesday. Finally, Jefferies Financial Group began coverage on KBC Group in a research note on Wednesday, September 16th. They issued a “buy” rating for the company.

KBC Group Stock Performance

OTCMKTS:KBCSY opened at $70.51 on Tuesday. The company’s 50-day simple moving average is $74.78 and its 200-day simple moving average is $69.10. KBC Group has a fifty-two week low of $57.34 and a fifty-two week high of $78.02. The stock has a market capitalization of $58.90 billion, a P/E ratio of 13.40, a P/E/G ratio of 0.89 and a beta of 0.64.

KBC Group (OTCMKTS:KBCSY) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.59 by $0.05. KBC Group had a net margin of 15.58% and a return on equity of 13.42%. The firm had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.83 billion. On average, research analysts forecast that KBC Group will post 5.85 EPS for the current year.

About KBC Group

KBC Group is a Belgium-based financial services group that combines banking and insurance activities. Through its banking and insurance subsidiaries, the company serves individuals, households, small and medium-sized enterprises, corporate clients and private banking customers.

KBC’s main services include current and savings accounts, consumer and residential lending, business finance, investment and wealth management, payments, and a range of life and non-life insurance products. The group distributes its services through bank branches, insurance agencies and digital channels, including integrated banking and insurance platforms.

The group was created in 1998 through the merger of Kredietbank, CERA Bank and ABB Insurance.