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