KBC Group SA (OTCMKTS:KBCSY) Given Average Recommendation of “Hold” by Brokerages

KBC Group SA (OTCMKTS:KBCSY) has earned an average recommendation of “Hold” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company.

A number of brokerages have issued reports on KBCSY. Zacks Research lowered KBC Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 1st. Citigroup reissued a “neutral” rating on shares of KBC Group in a research report on Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of KBC Group in a research report on Tuesday, February 24th.

KBC Group Price Performance

Shares of OTCMKTS KBCSY opened at $67.75 on Friday. The firm has a market cap of $56.59 billion, a price-to-earnings ratio of 13.44, a PEG ratio of 0.91 and a beta of 0.59. KBC Group has a 52-week low of $48.26 and a 52-week high of $73.12. The business’s 50 day moving average is $66.51 and its two-hundred day moving average is $65.96.

KBC Group (OTCMKTS:KBCSY) last announced its earnings results on Tuesday, May 12th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.07). The firm had revenue of $3.78 billion during the quarter, compared to analysts’ expectations of $3.79 billion. KBC Group had a net margin of 14.98% and a return on equity of 13.51%. Analysts anticipate that KBC Group will post 5.88 EPS for the current fiscal year.

About KBC Group

KBC Group is a Belgian bank-insurance group headquartered in Brussels that combines retail and commercial banking with life and non-life insurance, asset management, leasing and related financial services. The company operates an integrated bank-insurance model designed to serve both individual consumers and corporate clients, offering deposit accounts, lending and mortgage products, payment and treasury services, pension and protection insurance, investment solutions and wealth management.

The group’s banking activities include retail and private banking, corporate and commercial banking, and specialized finance such as leasing and factoring.