Berenberg Bank upgraded shares of BNP Paribas (OTCMKTS:BNPQY – Free Report) to a strong-buy rating in a report issued on Thursday, Zacks.com reports.
Separately, The Goldman Sachs Group raised shares of BNP Paribas from a neutral rating to a buy rating in a research report on Tuesday, March 26th.
Check Out Our Latest Report on BNPQY
BNP Paribas Stock Performance
BNP Paribas (OTCMKTS:BNPQY – Get Free Report) last announced its earnings results on Thursday, April 25th. The financial services provider reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.14. BNP Paribas had a net margin of 22.90% and a return on equity of 8.54%. The company had revenue of $13.55 billion during the quarter. Analysts predict that BNP Paribas will post 4.73 earnings per share for the current fiscal year.
BNP Paribas Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, June 24th. Investors of record on Monday, May 20th will be issued a $2.4911 dividend. This is a boost from BNP Paribas’s previous dividend of $1.80. The ex-dividend date of this dividend is Friday, May 17th.
About BNP Paribas
BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.
Featured Articles
- Five stocks we like better than BNP Paribas
- Using the MarketBeat Stock Split Calculator
- MarketBeat Week in Review – 5/20 – 5/24
- Consumer Discretionary Stocks Explained
- NASDAQ 100 vs. NASDAQ Composite: A Detailed Breakdown of NASDAQ
- Best Stocks Under $10.00
- These 2 Retail Traders Favorites are Nearing Major Breakouts
Receive News & Ratings for BNP Paribas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNP Paribas and related companies with MarketBeat.com's FREE daily email newsletter.