Shares of KBC Group SA (OTCMKTS:KBCSY – Get Free Report) have received an average recommendation of “Hold” from the seven analysts that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company.
Several brokerages recently issued reports on KBCSY. Citigroup upgraded KBC Group from a “neutral” rating to a “buy” rating in a research note on Thursday. Jefferies Financial Group began coverage on KBC Group in a report on Wednesday, September 16th. They set a “buy” rating on the stock. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of KBC Group in a research note on Monday, August 10th.
Get Our Latest Research Report on KBC Group
KBC Group Price Performance
Shares of KBCSY opened at $63.61 on Friday. The company has a market capitalization of $53.14 billion, a PE ratio of 12.09, a price-to-earnings-growth ratio of 0.80 and a beta of 0.64. KBC Group has a one year low of $58.41 and a one year high of $78.02. The company’s fifty day moving average price is $73.10 and its 200 day moving average price is $69.75.
KBC Group (OTCMKTS:KBCSY – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.05. The business had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.83 billion. KBC Group had a return on equity of 13.42% and a net margin of 15.58%. Analysts anticipate that KBC Group will post 5.77 earnings per share for the current year.
About KBC Group
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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