KBC Group SA (OTCMKTS:KBCSY) Given Consensus Rating of “Hold” by Brokerages

KBC Group SA (OTCMKTS:KBCSY) has earned a consensus recommendation of “Hold” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company.

A number of research analysts have issued reports on the company. Morgan Stanley reiterated an “overweight” rating on shares of KBC Group in a research report on Friday, November 14th. Royal Bank Of Canada restated a “sector perform” rating on shares of KBC Group in a research note on Monday, November 17th. Zacks Research lowered shares of KBC Group from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th. Barclays lowered shares of KBC Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 2nd. Finally, Citigroup reissued a “neutral” rating on shares of KBC Group in a research note on Monday, November 24th.

KBC Group Price Performance

OTCMKTS KBCSY opened at $69.10 on Thursday. The business has a fifty day moving average price of $64.70 and a two-hundred day moving average price of $60.39. The stock has a market capitalization of $57.72 billion, a PE ratio of 13.79, a PEG ratio of 1.03 and a beta of 0.54. KBC Group has a fifty-two week low of $37.25 and a fifty-two week high of $69.17.

KBC Group (OTCMKTS:KBCSY) last issued its quarterly earnings results on Thursday, November 13th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.06. KBC Group had a return on equity of 13.96% and a net margin of 15.91%.The company had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.54 billion. As a group, sell-side analysts expect that KBC Group will post 4.28 earnings per share for the current year.

KBC Group Company Profile

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.