KBC Group SA (OTCMKTS:KBCSY – Get Free Report) has earned a consensus recommendation of “Hold” from the seven brokerages that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company.
A number of brokerages have commented on KBCSY. Royal Bank Of Canada restated a “sector perform” rating on shares of KBC Group in a research note on Monday, August 10th. Citigroup reissued a “neutral” rating on shares of KBC Group in a report on Tuesday. Finally, Jefferies Financial Group started coverage on KBC Group in a research report on Wednesday, September 16th. They set a “buy” rating for the company.
Get Our Latest Stock Report on KBC Group
KBC Group Stock Performance
KBC Group (OTCMKTS:KBCSY – Get Free Report) last announced 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 the consensus estimate of $3.83 billion. KBC Group had a net margin of 15.58% and a return on equity of 13.42%. As a group, sell-side analysts predict that KBC Group will post 5.85 earnings per share for the current year.
KBC Group Company Profile
KBC Group is a Belgium-based financial services group that combines banking and insurance activities. Through its banking and insurance subsidiaries, the company serves individuals, households, small and medium-sized enterprises, corporate clients and private banking customers.
KBC’s main services include current and savings accounts, consumer and residential lending, business finance, investment and wealth management, payments, and a range of life and non-life insurance products. The group distributes its services through bank branches, insurance agencies and digital channels, including integrated banking and insurance platforms.
The group was created in 1998 through the merger of Kredietbank, CERA Bank and ABB Insurance.
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