BNP Paribas (OTCMKTS:BNPQY) Sets New 12-Month High – Here’s What Happened

Shares of BNP Paribas SA (OTCMKTS:BNPQYGet Free Report) hit a new 52-week high on Monday . The company traded as high as $61.83 and last traded at $61.83, with a volume of 8403 shares. The stock had previously closed at $60.04.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BNP Paribas in a research note on Wednesday, July 15th. Citigroup reissued a “buy” rating on shares of BNP Paribas in a research report on Monday, July 20th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, BNP Paribas presently has an average rating of “Hold”.

View Our Latest Analysis on BNP Paribas

BNP Paribas Trading Up 2.6%

The company has a market cap of $135.78 billion, a PE ratio of 9.13, a price-to-earnings-growth ratio of 0.60 and a beta of 0.77. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.24. The firm has a fifty day moving average of $56.24 and a two-hundred day moving average of $53.58.

BNP Paribas (OTCMKTS:BNPQYGet Free Report) last released its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $2.16 EPS for the quarter, topping the consensus estimate of $1.92 by $0.24. BNP Paribas had a net margin of 25.22% and a return on equity of 10.50%. The company had revenue of $16.38 billion during the quarter, compared to the consensus estimate of $15.44 billion. As a group, sell-side analysts predict that BNP Paribas SA will post 6.69 EPS for the current year.

About BNP Paribas

(Get Free Report)

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.

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