BNP Paribas (OTCMKTS:BNPQY) Upgraded by Kepler Capital Markets to Hold Rating

Kepler Capital Markets upgraded shares of BNP Paribas (OTCMKTS:BNPQY) from a strong sell rating to a hold rating in a research note released on Monday morning,Zacks.com reports.

A number of other research analysts also recently commented on the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of BNP Paribas in a research report on Monday. Citigroup reiterated a “buy” rating on shares of BNP Paribas in a report on Monday, July 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BNP Paribas in a research note on Wednesday, July 15th. Finally, DZ Bank upgraded BNP Paribas from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

BNP Paribas Trading Up 0.4%

Shares of BNP Paribas stock opened at $61.80 on Monday. The stock has a market cap of $136.16 billion, a P/E ratio of 9.16, a P/E/G ratio of 0.61 and a beta of 0.77. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.24. BNP Paribas has a 12-month low of $37.50 and a 12-month high of $61.94. The business’s 50 day moving average is $56.66 and its 200-day moving average is $53.79.

BNP Paribas (OTCMKTS:BNPQY) last released its earnings results on Thursday, July 23rd. The financial services provider reported $2.16 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.24. BNP Paribas had a net margin of 25.22% and a return on equity of 10.50%. The business had revenue of $16.38 billion during the quarter, compared to analysts’ expectations of $15.44 billion. Equities research analysts predict that BNP Paribas will post 6.71 earnings per share for the current fiscal year.

About BNP Paribas

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.