BNP Paribas SA Expected to Post FY2017 Earnings of $3.45 Per Share (BNPQY)
BNP Paribas SA (OTCMKTS:BNPQY) – Equities research analysts at Jefferies Group cut their FY2017 earnings estimates for BNP Paribas SA in a note issued to investors on Wednesday. Jefferies Group analyst M. Timat now anticipates that the financial services provider will post earnings per share of $3.45 for the year, down from their previous forecast of $4.01. Jefferies Group also issued estimates for BNP Paribas SA’s FY2018 earnings at $3.57 EPS, FY2019 earnings at $3.98 EPS and FY2020 earnings at $4.74 EPS.
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Separately, Zacks Investment Research raised shares of BNP Paribas SA from a “hold” rating to a “strong-buy” rating and set a $45.00 target price on the stock in a research note on Wednesday, September 27th.
Shares of BNP Paribas SA (BNPQY) traded down $0.40 during midday trading on Friday, reaching $37.23. 70,511 shares of the company traded hands, compared to its average volume of 151,590. The stock has a market cap of $93,307.80, a price-to-earnings ratio of 11.53 and a beta of 1.10. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.80 and a current ratio of 0.82. BNP Paribas SA has a 12 month low of $28.18 and a 12 month high of $40.62.
About BNP Paribas SA
BNP Paribas SA is a France-based company engaged in the financial industry. The Company provides banking and financial services. The Company operates in two divisions: Retail Banking and Services, and Corporate and Institutional Banking (CIB). The Retail Banking and Services division includes retail banking networks and specialized financial services in France and abroad.
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