KBC Group SA (OTCMKTS:KBCSY) Given Average Rating of “Hold” by Analysts

KBC Group SA (OTCMKTS:KBCSY) has earned a consensus rating of “Hold” from the six ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company.

KBCSY has been the subject of several research reports. Citigroup reissued a “neutral” rating on shares of KBC Group in a report on Monday, November 24th. Morgan Stanley reiterated an “overweight” rating on shares of KBC Group in a research note on Friday, November 14th. Royal Bank Of Canada reissued a “sector perform” rating on shares of KBC Group in a report on Monday, November 17th. Finally, Barclays lowered KBC Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 2nd.

KBC Group Stock Performance

KBCSY stock opened at $69.10 on Monday. The firm has a 50 day moving average price of $67.81 and a 200-day moving average price of $62.51. KBC Group has a 52-week low of $38.90 and a 52-week high of $73.12. The firm has a market capitalization of $57.72 billion, a price-to-earnings ratio of 13.93, a PEG ratio of 1.04 and a beta of 0.54.

KBC Group (OTCMKTS:KBCSY) last announced its quarterly earnings results on Thursday, February 12th. The company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $0.02. The company had revenue of $3.73 billion for the quarter, compared to analysts’ expectations of $3.64 billion. KBC Group had a net margin of 15.70% and a return on equity of 13.89%. As a group, sell-side analysts forecast that KBC Group will post 4.28 earnings per share 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.