KBC Group SA (OTCMKTS:KBCSY – Get Free Report)’s stock price gapped down before the market opened on Monday. The stock had previously closed at $67.77, but opened at $65.59. KBC Group shares last traded at $65.43, with a volume of 1,403 shares traded.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. Citigroup reaffirmed a “neutral” rating on shares of KBC Group in a report on Tuesday, September 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of KBC Group in a research note on Monday, August 10th. Finally, Jefferies Financial Group assumed coverage on shares of KBC Group in a research report on Wednesday, September 16th. They issued a “buy” rating on the stock. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.
View Our Latest Stock Analysis on KBCSY
KBC Group Trading Down 3.1%
The company has a market capitalization of $54.51 billion, a price-to-earnings ratio of 12.40, a PEG ratio of 0.85 and a beta of 0.64. The company’s 50 day simple moving average is $74.12 and its 200-day simple moving average is $69.74.
KBC Group (OTCMKTS:KBCSY – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.05. The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.83 billion. KBC Group had a net margin of 15.58% and a return on equity of 13.42%. Sell-side analysts anticipate that KBC Group SA will post 5.85 EPS for the current year.
KBC Group Company Profile
KBC Group is a Belgian financial services group headquartered in Brussels. It operates as an integrated bank-insurance organization, combining banking and insurance activities through closely connected distribution networks and digital channels.
The group provides retail, business and private banking services, including current and savings accounts, lending, payments, investment products, asset management and financial advice. Its insurance operations offer life and non-life coverage, including products for individuals, families and businesses.
KBC serves customers primarily in Belgium and selected Central and Eastern European markets, including the Czech Republic, Slovakia, Hungary and Bulgaria.
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