BNP Paribas (OTCMKTS:BNPQY) Shares Gap Down – What’s Next?

BNP Paribas SA (OTCMKTS:BNPQY – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $58.27, but opened at $55.73. BNP Paribas shares last traded at $55.5850, with a volume of 12,747 shares.

Wall Street Analyst Weigh In

Several brokerages have weighed in on BNPQY. Citigroup reaffirmed a “buy” rating on shares of BNP Paribas in a research report on Monday, July 20th. Royal Bank Of Canada restated an “outperform” rating on shares of BNP Paribas in a research report on Monday, July 27th. DZ Bank raised shares of BNP Paribas from a “hold” rating to a “strong-buy” rating in a report on Friday, July 24th. Kepler Capital Markets raised shares of BNP Paribas from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BNP Paribas in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, BNP Paribas currently has an average rating of “Moderate Buy”.

Get BNP Paribas alerts:

View Our Latest Research Report on BNPQY

BNP Paribas Trading Down 4.6%

The firm has a market capitalization of $122.44 billion, a P/E ratio of 8.23, a PEG ratio of 0.58 and a beta of 0.76. The business’s 50 day moving average is $61.23 and its two-hundred day moving average is $56.06. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 1.24.

BNP Paribas (OTCMKTS:BNPQY – Get Free Report) last released its earnings results on Thursday, July 23rd. The financial services provider reported $2.16 EPS for the quarter, beating the consensus estimate of $1.92 by $0.24. The firm had revenue of $16.38 billion for the quarter, compared to analysts’ expectations of $15.44 billion. BNP Paribas had a net margin of 25.22% and a return on equity of 10.32%. Analysts expect that BNP Paribas SA will post 6.7 EPS for the current year.

BNP Paribas Company Profile

(Get Free Report)

BNP Paribas is a diversified European banking group headquartered in Paris, France. The company provides banking and financial services to individual customers, small and medium-sized businesses, corporations, institutional investors and public-sector organizations. Its activities include retail and commercial banking, consumer finance, commercial real estate, insurance, asset management, wealth management, securities services and investment banking.

BNP Paribas organizes its operations into three principal business divisions: Commercial, Personal Banking & Services; Commercial, Corporate & Institutional Banking; and Investment & Protection Services.

Featured Articles

• Five stocks we like better than BNP Paribas
• Full Throttle: Kratos and GE Fire Up a Next-Gen Defense Engine
• Sandisk Joins the S&P 100—Is the Index Flow, or the AI Story, Driving the Stock?
• These 4 Companies Are Monetizing AI Today
• Quantum and Rare Earths? Implications of the Pasqal/USAR Partnership

Receive News & Ratings for BNP Paribas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNP Paribas and related companies with MarketBeat.com's FREE daily email newsletter.