BNP Paribas SA (BNPQY) Stock Rating Upgraded by JPMorgan Chase & Co.
BNP Paribas SA (NASDAQ:BNPQY) was upgraded by equities research analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a report issued on Wednesday.
A number of other brokerages also recently commented on BNPQY. Zacks Investment Research downgraded BNP Paribas SA from a “buy” rating to a “sell” rating in a research report on Friday, July 1st. Jefferies Group assumed coverage on BNP Paribas SA in a research report on Wednesday, September 14th. They set a “hold” rating for the company. Finally, Credit Suisse Group AG assumed coverage on BNP Paribas SA in a research report on Friday, September 16th. They set a “neutral” rating for the company.
Shares of BNP Paribas SA (NASDAQ:BNPQY) traded up 0.66% during midday trading on Wednesday, reaching $27.28. The company’s stock had a trading volume of 11,914 shares. BNP Paribas SA has a 52 week low of $19.46 and a 52 week high of $31.13. The firm’s 50 day moving average is $26.14 and its 200 day moving average is $25.12. The firm has a market capitalization of $67.96 billion and a price-to-earnings ratio of 9.17.
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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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