BNP Paribas SA (OTCMKTS:BNPQY) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• BNP Paribas SA has received a consensus recommendation of "Moderate Buy" from five analysts, with one sell rating, three buy ratings, and one strong buy rating.
• The bank's stock recently opened at $43.59, demonstrating a 0.4% decline, and has been trading within a one-year range of $28.93 to $49.32.
• BNP Paribas reported $1.64 earnings per share in its recent quarterly results, exceeding expectations, and announced a dividend of $1.2622 per share scheduled for October 29th.

Shares of BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the five analysts that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a buy rating and one has assigned a strong buy rating to the company.

A number of brokerages have issued reports on BNPQY. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of BNP Paribas in a research report on Friday. Keefe, Bruyette & Woods lowered shares of BNP Paribas from a "hold" rating to a "moderate sell" rating in a research note on Thursday, August 21st. Finally, DZ Bank raised shares of BNP Paribas from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 30th.

BNP Paribas Trading Down 0.4%

BNP Paribas stock opened at $43.59 on Friday. BNP Paribas has a one year low of $28.93 and a one year high of $49.32. The company's fifty day moving average price is $46.12 and its two-hundred day moving average price is $44.16. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.65 and a quick ratio of 0.65. The company has a market capitalization of $98.51 billion, a price-to-earnings ratio of 8.18, a PEG ratio of 0.73 and a beta of 1.07.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The financial services provider reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.09. BNP Paribas had a return on equity of 8.40% and a net margin of 22.65%.The company had revenue of $14.27 billion during the quarter, compared to the consensus estimate of $12.75 billion. On average, analysts forecast that BNP Paribas will post 5.02 earnings per share for the current fiscal year.

BNP Paribas Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, October 29th. Shareholders of record on Friday, September 26th will be issued a $1.2622 dividend. The ex-dividend date of this dividend is Thursday, September 25th. This represents a yield of 272.0%. BNP Paribas's dividend payout ratio (DPR) is 58.72%.

About BNP Paribas

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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