BNP Paribas (OTCMKTS:BNPQY) Stock Rating Upgraded by DZ Bank

Key Points

• BNP Paribas has been upgraded from a "hold" rating to a "strong-buy" rating by DZ Bank, indicating increased confidence in the stock's performance.
• The bank reported $1.64 earnings per share for the last quarter, exceeding estimates of $1.55, with revenues reaching $14.27 billion compared to an expected $12.75 billion.
• As of now, BNP Paribas has a consensus rating of "Moderate Buy," with ratings ranging from sell to strong buy by various analysts.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) was upgraded by investment analysts at DZ Bank from a "hold" rating to a "strong-buy" rating in a note issued to investors on Wednesday,Zacks.com reports.

A number of other brokerages have also weighed in on BNPQY. Royal Bank Of Canada reissued an "outperform" rating on shares of BNP Paribas in a report on Friday, July 25th. Barclays reissued an "overweight" rating on shares of BNP Paribas in a report on Tuesday, April 15th. Finally, Kepler Capital Markets lowered shares of BNP Paribas from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 2nd. One analyst has rated the stock with a sell rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, BNP Paribas currently has a consensus rating of "Moderate Buy".

BNP Paribas Price Performance

Shares of BNP Paribas stock opened at $44.34 on Wednesday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.74. The stock has a market capitalization of $100.21 billion, a price-to-earnings ratio of 8.32, a P/E/G ratio of 0.77 and a beta of 1.13. BNP Paribas has a 1-year low of $28.93 and a 1-year high of $47.68. The firm's 50-day moving average price is $44.56 and its two-hundred day moving average price is $41.13.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The financial services provider reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.09. The firm had revenue of $14.27 billion for the quarter, compared to analysts' expectations of $12.75 billion. BNP Paribas had a net margin of 22.65% and a return on equity of 8.48%. On average, equities analysts predict that BNP Paribas will post 5.02 earnings per share for the current fiscal year.

BNP Paribas Company Profile

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.

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