Zacks: BNP Paribas SA (NASDAQ:BNPQY) Receives Average Recommendation of “Buy” from Brokerages
BNP Paribas SA (NASDAQ:BNPQY) has been given an average broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company. BNP Paribas SA’s rating score has declined by 100% from three months ago as a result of various analysts’ ratings changes.
Brokerages have set a 12-month consensus price objective of $28.42 for the company, according to Zacks. Zacks has also assigned BNP Paribas SA an industry rank of 79 out of 265 based on the ratings given to related companies.
A number of equities analysts have recently issued reports on the company. Credit Suisse Group AG assumed coverage on BNP Paribas SA in a research report on Friday, September 16th. They set a “neutral” rating on the stock. Zacks Investment Research raised BNP Paribas SA from a “sell” rating to a “buy” rating and set a $28.00 price target on the stock in a research report on Tuesday, August 30th. Finally, Jefferies Group assumed coverage on BNP Paribas SA in a research report on Wednesday, September 14th. They set a “hold” rating on the stock.
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Shares of BNP Paribas SA (NASDAQ:BNPQY) traded down 0.818% during trading on Monday, reaching $27.394. The company had a trading volume of 281,393 shares. The stock has a market capitalization of $68.24 billion and a price-to-earnings ratio of 9.150. BNP Paribas SA has a 1-year low of $19.46 and a 1-year high of $31.35. The company’s 50 day moving average is $25.76 and its 200-day moving average is $25.03.
BNP Paribas SA Company Profile
BNP Paribas SA is a provider of banking and financial services, has four domestic retail banking markets in Europe, namely Belgium, France, Italy and Luxembourg. The Bank operates in 75 countries over 147,000 in Europe. The Bank operates in two divisions: Retail Banking & Services, which include Domestic Markets and a new entity, International Financial Services which includes the operations of BancWest, Europe-Mediterranean, Personal Finance, Wealth and Asset Management and Insurance, and Corporate and Institutional Banking (CIB), including Corporate Banking, Global Markets and Securities Services.
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