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

KBC Group SA (OTCMKTS:KBCSY) has been given a consensus recommendation of “Hold” by the six research firms that are presently covering the company, Marketbeat.com reports. One equities research 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.

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

KBC Group Stock Up 2.0%

Shares of KBCSY opened at $66.55 on Friday. The company has a market capitalization of $55.58 billion, a price-to-earnings ratio of 13.28, a PEG ratio of 1.20 and a beta of 0.54. KBC Group has a 52 week low of $36.52 and a 52 week high of $66.80. The stock’s 50-day moving average price is $62.61 and its 200-day moving average price is $58.46.

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