BNP Paribas (OTCMKTS:BNPQY) Given Overweight Rating at Exane BNP Paribas


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BNP Paribas (OTCMKTS:BNPQY)‘s stock had its “overweight” rating reissued by stock analysts at Exane BNP Paribas in a research note issued on Tuesday, The Fly reports.

A number of other equities research analysts have also issued reports on the stock. Royal Bank of Canada restated an “outperform” rating on shares of BNP Paribas in a report on Tuesday, February 9th. Zacks Investment Research downgraded shares of BNP Paribas from a “buy” rating to a “hold” rating in a research report on Monday. Barclays raised shares of BNP Paribas from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, March 2nd. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of BNP Paribas in a research report on Thursday, March 18th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of BNP Paribas in a research report on Tuesday, February 9th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $35.00.

Shares of OTCMKTS BNPQY traded up $0.21 during midday trading on Tuesday, reaching $32.28. The company’s stock had a trading volume of 136,320 shares, compared to its average volume of 331,251. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.62. The company has a 50 day moving average price of $31.03 and a 200 day moving average price of $26.92. BNP Paribas has a one year low of $13.48 and a one year high of $32.99. The company has a market cap of $80.70 billion, a price-to-earnings ratio of 10.25 and a beta of 1.70.

BNP Paribas (OTCMKTS:BNPQY) last released its earnings results on Friday, February 5th. The financial services provider reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.19. BNP Paribas had a net margin of 16.37% and a return on equity of 6.51%. The business had revenue of $12.91 billion for the quarter, compared to the consensus estimate of $13.20 billion. Research analysts anticipate that BNP Paribas will post 2.81 earnings per share for the current fiscal year.

About BNP Paribas

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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Analyst Recommendations for BNP Paribas (OTCMKTS:BNPQY)

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