BNP Paribas SA (BNP) Receives Average Recommendation of “Buy” from Brokerages
Shares of BNP Paribas SA (EPA:BNP) have been assigned an average recommendation of “Buy” from the fifteen brokerages that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is €69.68 ($82.95).
Several research firms have recently commented on BNP. Goldman Sachs Group reissued a “buy” rating on shares of BNP Paribas in a research note on Monday, September 18th. UBS Group restated a “neutral” rating on shares of BNP Paribas in a research report on Monday, December 11th. Deutsche Bank set a €77.00 ($91.67) price target on shares of BNP Paribas and gave the stock a “buy” rating in a research report on Wednesday, November 1st. JPMorgan Chase & Co. set a €69.00 ($82.14) price target on shares of BNP Paribas and gave the stock a “neutral” rating in a research report on Friday, September 15th. Finally, Kepler Capital Markets set a €79.10 ($94.17) price target on shares of BNP Paribas and gave the stock a “buy” rating in a research report on Monday, November 6th.
BNP Paribas (EPA:BNP) traded down €0.34 ($0.40) on Monday, hitting €62.95 ($74.94). 1,850,000 shares of the stock traded hands, compared to its average volume of 3,480,000. The company has a market cap of $78,590.00 and a P/E ratio of 10.56. BNP Paribas has a one year low of €53.96 ($64.24) and a one year high of €69.17 ($82.35).
About BNP Paribas
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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