BNP Paribas (OTCMKTS:BNPQY) Downgraded to "Hold" Rating by Zacks Research

Key Points

• Zacks Research downgraded BNP Paribas from a "strong‑buy" to a "hold," and MarketBeat's consensus rating is currently Hold (2 Buys, 5 Holds, 1 Sell).
• BNP Paribas beat quarterly EPS estimates ($1.46 vs. $1.34) with revenue of $15.27 billion; the bank reported a net margin of 23.53% and ROE of 9.18%, while analysts forecast ~5.02 EPS for the current year.
• The stock trades at a PE of 8.82 with a market cap of $114.85 billion and a 52‑week range of $34.77–$57.31, and the company has a debt‑to‑equity ratio of 1.75.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) was downgraded by stock analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a report released on Tuesday,Zacks.com reports.

BNPQY has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of BNP Paribas in a research report on Tuesday, February 17th. Royal Bank Of Canada restated an "outperform" rating on shares of BNP Paribas in a research note on Friday, February 6th. Keefe, Bruyette & Woods upgraded BNP Paribas from a "moderate sell" rating to a "hold" rating in a research report on Monday, December 15th. Finally, Citigroup reiterated a "buy" rating on shares of BNP Paribas in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, BNP Paribas presently has a consensus rating of "Hold".

BNP Paribas Stock Performance

Shares of BNPQY opened at $52.13 on Tuesday. The stock has a market capitalization of $114.85 billion, a PE ratio of 8.82, a price-to-earnings-growth ratio of 0.61 and a beta of 0.69. The business's fifty day moving average price is $52.30 and its 200 day moving average price is $46.69. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.80. BNP Paribas has a 12-month low of $34.77 and a 12-month high of $57.31.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.46 EPS for the quarter, beating the consensus estimate of $1.34 by $0.12. The business had revenue of $15.27 billion during the quarter, compared to analyst estimates of $15.27 billion. BNP Paribas had a net margin of 23.53% and a return on equity of 9.18%. Equities research analysts forecast that BNP Paribas will post 5.02 EPS for the current year.

BNP Paribas Company Profile

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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