KBC Group SA (OTCMKTS:KBCSY) Receives Average Rating of “Hold” from Analysts

Shares of KBC Group SA (OTCMKTS:KBCSY) have been assigned an average rating of “Hold” from the six brokerages that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a buy recommendation to the company.

Several research analysts recently weighed in on the stock. Citigroup restated a “neutral” rating on shares of KBC Group in a research report on Friday, May 15th. Zacks Research cut shares of KBC Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 1st.

KBC Group Price Performance

KBCSY stock opened at $66.58 on Friday. The company has a 50 day moving average price of $66.46 and a 200 day moving average price of $66.16. KBC Group has a fifty-two week low of $49.79 and a fifty-two week high of $73.12. The stock has a market capitalization of $55.62 billion, a PE ratio of 13.21, a price-to-earnings-growth ratio of 0.90 and a beta of 0.59.

KBC Group (OTCMKTS:KBCSY) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.07). KBC Group had a return on equity of 13.15% and a net margin of 14.98%.The company had revenue of $3.78 billion during the quarter, compared to the consensus estimate of $3.79 billion. As a group, equities analysts expect that KBC Group will post 5.81 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.