KBC Group (OTCMKTS:KBCSY - Get Free Report) was downgraded by equities research analysts at Barclays from a "strong-buy" rating to a "hold" rating in a report issued on Tuesday,Zacks.com reports.
A number of other brokerages have also recently weighed in on KBCSY. Morgan Stanley restated an "overweight" rating on shares of KBC Group in a research note on Thursday, July 10th. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of KBC Group in a research report on Wednesday, April 23rd.
Read Our Latest Report on KBCSY
KBC Group Stock Performance
OTCMKTS:KBCSY traded up $0.65 during trading hours on Tuesday, reaching $51.58. The stock had a trading volume of 23,125 shares, compared to its average volume of 26,881. KBC Group has a 52 week low of $34.78 and a 52 week high of $53.78. The company has a 50 day moving average price of $49.91 and a two-hundred day moving average price of $45.30. The stock has a market capitalization of $43.07 billion, a PE ratio of 11.34, a PEG ratio of 2.04 and a beta of 0.80.
KBC Group (OTCMKTS:KBCSY - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.03. KBC Group had a return on equity of 14.50% and a net margin of 14.27%. The firm had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $3.03 billion. Equities research analysts predict that KBC Group will post 4.28 EPS for the current year.
KBC Group Company Profile
(
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KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.
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