KBC Group SA (OTCMKTS:KBCSY) Receives Consensus Recommendation of “Hold” from Analysts

KBC Group SA (OTCMKTS:KBCSY) has been given a consensus rating of “Hold” by the six research firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company.

Several equities analysts have recently issued reports on KBCSY shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of KBC Group in a research note on Monday. Zacks Research cut shares of KBC Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 1st. Finally, Citigroup restated a “neutral” rating on shares of KBC Group in a report on Friday, May 15th.

KBC Group Price Performance

KBC Group stock opened at $67.75 on Thursday. The business has a 50 day moving average of $66.75 and a 200-day moving average of $66.59. The company has a market capitalization of $56.60 billion, a P/E ratio of 13.44, a P/E/G ratio of 0.94 and a beta of 0.60. KBC Group has a 1 year low of $51.28 and a 1 year high of $73.12.

KBC Group (OTCMKTS:KBCSY) last posted its earnings results on Tuesday, May 12th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.07). KBC Group had a return on equity of 13.15% and a net margin of 14.98%.The business had revenue of $3.78 billion for the quarter, compared to analyst estimates of $3.79 billion. Equities analysts anticipate that KBC Group will post 5.81 EPS for the current year.

KBC Group Company Profile

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.