BNP Paribas SA (OTCMKTS:BNPQY – Get Free Report)’s stock price gapped down before the market opened on Thursday. The stock had previously closed at $55.24, but opened at $52.26. BNP Paribas shares last traded at $51.9210, with a volume of 27,184 shares trading hands.
Wall Street Analysts Forecast Growth
Several analysts have commented on the stock. Kepler Capital Markets upgraded shares of BNP Paribas from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. DZ Bank upgraded shares of BNP Paribas from a “hold” rating to a “strong-buy” rating in a report on Friday, July 24th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BNP Paribas in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BNP Paribas in a research note on Wednesday, July 15th. Finally, Citigroup reiterated a “buy” rating on shares of BNP Paribas in a report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.
Check Out Our Latest Research Report on BNPQY
BNP Paribas Stock Down 3.6%
BNP Paribas (OTCMKTS:BNPQY – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $2.16 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $0.24. The firm had revenue of $16.38 billion during 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%. Research analysts predict that BNP Paribas SA will post 6.71 EPS for the current year.
About BNP Paribas
BNP Paribas is a major European banking group headquartered in France. The company provides banking and financial services to individual customers, businesses, institutional clients and public-sector organizations through a range of operations spanning retail banking, commercial banking, corporate and institutional banking, and investment and protection services.
Its activities include deposit and lending products, payment services, consumer finance, wealth management, insurance, asset management, securities services, and capital-markets and advisory services.
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