KBC Group SA (OTCMKTS:KBCSY) Receives Consensus Rating of “Hold” from Analysts

KBC Group SA (OTCMKTS:KBCSY) has been assigned an average recommendation of “Hold” from the six brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company.

Several brokerages have recently commented on KBCSY. Citigroup restated a “neutral” rating on shares of KBC Group in a research note on Wednesday. Zacks Research cut shares of KBC Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 1st. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of KBC Group in a report on Monday.

KBC Group Trading Up 0.2%

Shares of KBCSY opened at $69.77 on Thursday. KBC Group has a 1 year low of $51.87 and a 1 year high of $73.12. The stock has a 50 day simple moving average of $66.90 and a 200-day simple moving average of $66.65. The stock has a market cap of $58.28 billion, a PE ratio of 13.84, a PEG ratio of 0.97 and a beta of 0.60.

KBC Group (OTCMKTS:KBCSY) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.07). KBC Group had a net margin of 14.98% and a return on equity of 13.15%. The company had revenue of $3.78 billion during the quarter, compared to analyst estimates of $3.79 billion. On average, sell-side analysts forecast that KBC Group will post 5.7 EPS for the current fiscal year.

About KBC Group

KBC Group is a Belgian bank-insurance group headquartered in Brussels that combines retail and commercial banking with life and non-life insurance, asset management, leasing and related financial services. The company operates an integrated bank-insurance model designed to serve both individual consumers and corporate clients, offering deposit accounts, lending and mortgage products, payment and treasury services, pension and protection insurance, investment solutions and wealth management.

The group’s banking activities include retail and private banking, corporate and commercial banking, and specialized finance such as leasing and factoring.