BNP Paribas (OTCMKTS:BNPQY) Raised to “Moderate Buy” at Keefe, Bruyette & Woods

BNP Paribas (OTCMKTS:BNPQY) was upgraded by Keefe, Bruyette & Woods from a “hold” rating to a “moderate buy” rating in a research note issued to investors on Friday,Zacks.com reports.

Other research analysts have also issued reports about the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of BNP Paribas in a report on Friday, February 6th. Zacks Research lowered shares of BNP Paribas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BNP Paribas in a report on Tuesday, February 17th. Finally, Citigroup restated a “buy” rating on shares of BNP Paribas in a report on Thursday, January 22nd. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

BNP Paribas Price Performance

BNP Paribas stock opened at $50.64 on Friday. The firm has a fifty day moving average of $52.42 and a 200-day moving average of $46.74. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. BNP Paribas has a 52-week low of $34.77 and a 52-week high of $57.31. The firm has a market capitalization of $111.57 billion, a P/E ratio of 8.57, a PEG ratio of 0.60 and a beta of 0.69.

BNP Paribas (OTCMKTS:BNPQY) last issued its earnings results on Thursday, February 5th. The financial services provider reported $1.46 earnings per share 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 company had revenue of $15.27 billion during the quarter, compared to the consensus estimate of $15.27 billion. As a group, analysts predict that BNP Paribas will post 5.02 EPS 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.