BNP Paribas (OTCMKTS:BNPQY) Upgraded at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods upgraded shares of BNP Paribas (OTCMKTS:BNPQY) from a moderate sell rating to a hold rating in a research report sent to investors on Monday,Zacks.com reports.

BNPQY has been the topic of a number of other reports. DZ Bank lowered shares of BNP Paribas from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. Barclays cut BNP Paribas from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, October 22nd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BNP Paribas in a research report on Friday, October 10th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

BNP Paribas Price Performance

BNPQY stock opened at $46.87 on Monday. BNP Paribas has a 1 year low of $29.33 and a 1 year high of $49.32. The firm has a market capitalization of $104.69 billion, a P/E ratio of 8.45, a P/E/G ratio of 0.75 and a beta of 0.75. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.80. The business’s 50-day moving average is $41.61 and its two-hundred day moving average is $44.12.

BNP Paribas (OTCMKTS:BNPQY) last released its earnings results on Tuesday, October 28th. The financial services provider reported $1.53 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.53. BNP Paribas had a net margin of 22.74% and a return on equity of 8.56%. The firm had revenue of $81.48 billion for the quarter, compared to analyst estimates of $12.84 billion. Analysts anticipate that BNP Paribas will post 5.02 earnings per share for the current fiscal year.

BNP Paribas Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 29th. Shareholders of record on Friday, September 26th were issued a dividend of $1.2622 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a dividend yield of 272.0%. BNP Paribas’s dividend payout ratio (DPR) is presently 56.40%.

BNP Paribas Company Profile

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.