BNP Paribas (EPA:BNP) has been given a €55.00 ($63.95) target price by equities research analysts at JPMorgan Chase & Co. in a research note issued on Thursday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 8.72% from the stock’s current price.
Other analysts also recently issued research reports about the company. Royal Bank of Canada set a €62.00 ($72.09) price objective on BNP Paribas and gave the company a “buy” rating in a research report on Friday, January 10th. HSBC set a €52.00 ($60.47) price target on BNP Paribas and gave the company a “neutral” rating in a report on Tuesday, November 26th. Barclays set a €45.00 ($52.33) price target on BNP Paribas and gave the company a “sell” rating in a report on Thursday, October 31st. Credit Suisse Group set a €47.00 ($54.65) price target on BNP Paribas and gave the company a “neutral” rating in a report on Friday, November 1st. Finally, Kepler Capital Markets set a €57.70 ($67.09) price target on BNP Paribas and gave the company a “neutral” rating in a report on Monday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of €54.86 ($63.79).
Shares of BNP traded down €0.37 ($0.43) during trading hours on Thursday, reaching €50.59 ($58.83). 3,309,337 shares of the company’s stock traded hands, compared to its average volume of 3,880,000. The firm’s 50 day simple moving average is €52.01 and its 200-day simple moving average is €46.02. BNP Paribas has a 12 month low of €57.24 ($66.56) and a 12 month high of €69.17 ($80.43).
BNP Paribas Company Profile
BNP Paribas SA provides a range of banking and financial services in France and internationally. It operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking. The company offers long-term corporate vehicle leasing, and rental and other financing solutions; and digital banking and investment services, cash management, and factoring services to corporate clients, as well as wealth management services.
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