KBC Group SA (OTCMKTS:KBCSY) Receives Average Rating of “Hold” from Analysts

KBC Group SA (OTCMKTS:KBCSY) has received a consensus recommendation of “Hold” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company.

KBCSY has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of KBC Group in a research note on Tuesday, August 12th. Citigroup reissued a “neutral” rating on shares of KBC Group in a report on Monday, November 24th. Zacks Research cut shares of KBC Group from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th. Morgan Stanley reiterated an “overweight” rating on shares of KBC Group in a research report on Friday, November 14th. Finally, Barclays cut shares of KBC Group from an “overweight” rating to an “underweight” rating in a research note on Tuesday.

KBC Group Price Performance

OTCMKTS KBCSY opened at $60.82 on Wednesday. The stock has a market capitalization of $50.79 billion, a price-to-earnings ratio of 12.14, a PEG ratio of 1.25 and a beta of 0.54. KBC Group has a 1-year low of $36.27 and a 1-year high of $63.93. The business’s fifty day moving average price is $59.90 and its 200-day moving average price is $56.06.

KBC Group (OTCMKTS:KBCSY) last issued its quarterly earnings data on Thursday, November 13th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.37 by $0.06. The company had revenue of $3.61 billion during the quarter, compared to analyst estimates of $3.54 billion. KBC Group had a return on equity of 14.53% and a net margin of 15.91%. Equities research analysts anticipate that KBC Group will post 4.28 EPS for the current year.

About KBC Group

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.