KBC Group SA (OTCMKTS:KBCSY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of KBC Group SA (OTCMKTS:KBCSY) have been given a consensus recommendation of “Hold” by the six analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company.

Several equities research analysts have recently commented on the stock. Citigroup reiterated a “neutral” rating on shares of KBC Group in a research report on Wednesday, July 22nd. Royal Bank Of Canada restated a “sector perform” rating on shares of KBC Group in a report on Monday, August 10th.

KBC Group Price Performance

Shares of KBCSY stock opened at $75.91 on Monday. The stock has a 50-day moving average price of $69.29 and a 200 day moving average price of $67.22. The firm has a market cap of $63.41 billion, a price-to-earnings ratio of 14.43, a PEG ratio of 0.96 and a beta of 0.59. KBC Group has a 12 month low of $56.86 and a 12 month high of $76.22.

KBC Group (OTCMKTS:KBCSY) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.05. The firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.83 billion. KBC Group had a return on equity of 13.48% and a net margin of 15.58%. Sell-side analysts predict that KBC Group will post 5.85 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.