KBC Group SA (KBCSY) – What Are Brokerages Saying About This Stock?

Shares of KBC Group SA (OTCMKTS:KBCSY) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company.

KBCSY has been the topic of a number of recent analyst reports. Citigroup raised shares of KBC Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 22nd. Royal Bank Of Canada reissued a “sector perform” rating on shares of KBC Group in a research note on Monday, August 10th. Finally, Jefferies Financial Group assumed coverage on shares of KBC Group in a research note on Wednesday, September 16th. They set a “buy” rating for the company.

KBC Group Price Performance

OTCMKTS KBCSY opened at $63.66 on Friday. KBC Group has a 12 month low of $58.60 and a 12 month high of $78.02. The company has a 50-day moving average of $71.98 and a 200-day moving average of $68.63. The company has a market cap of $53.18 billion, a P/E ratio of 12.32, a P/E/G ratio of 0.85 and a beta of 0.64.

KBC Group (OTCMKTS:KBCSY) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.64 earnings per share 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 business had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.83 billion. As a group, equities research analysts anticipate that KBC Group will post 5.58 EPS for the current year.

KBC Group Company Profile

KBC Group is a Belgian financial services group headquartered in Brussels. It operates as an integrated bank-insurance organization, combining banking and insurance activities through closely connected distribution networks and digital channels.

The group provides retail, business and private banking services, including current and savings accounts, lending, payments, investment products, asset management and financial advice. Its insurance operations offer life and non-life coverage, including products for individuals, families and businesses.

KBC serves customers primarily in Belgium and selected Central and Eastern European markets, including the Czech Republic, Slovakia, Hungary and Bulgaria.