KBC Group SA (OTCMKTS:KBCSY) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Analysts give KBC Group an average rating of Hold based on six brokerages (1 sell, 4 hold, 1 buy).
• KBC has a market capitalization of about $55.7 billion, a PE of 13.43, and recently beat estimates with Q results of $1.42 EPS (vs. $1.40 expected) and $3.73B revenue, with ROE of 13.89% and analysts projecting ~5.89 EPS for the year.

Shares of KBC Group SA (OTCMKTS:KBCSY - Get Free Report) have earned an average rating of "Hold" from the six brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company.

Several analysts recently issued reports on the company. Citigroup restated a "neutral" rating on shares of KBC Group in a research note on Monday, February 23rd. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of KBC Group in a research report on Tuesday, February 24th. Finally, Zacks Research downgraded KBC Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 1st.

KBC Group Price Performance

KBCSY opened at $66.63 on Friday. The business has a fifty day simple moving average of $64.71 and a 200 day simple moving average of $64.58. The company has a market capitalization of $55.66 billion, a PE ratio of 13.43, a price-to-earnings-growth ratio of 0.89 and a beta of 0.60. KBC Group has a 1 year low of $45.19 and a 1 year high of $73.12.

KBC Group (OTCMKTS:KBCSY - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.02. The business had revenue of $3.73 billion during the quarter, compared to the consensus estimate of $3.64 billion. KBC Group had a return on equity of 13.89% and a net margin of 15.70%. Equities analysts anticipate that KBC Group will post 5.89 earnings per share for the current fiscal year.

About KBC Group

KBC Group is a Belgian bank-insurance group headquartered in Brussels that combines retail and commercial banking with life and non-life insurance, asset management, leasing and related financial services. The company operates an integrated bank-insurance model designed to serve both individual consumers and corporate clients, offering deposit accounts, lending and mortgage products, payment and treasury services, pension and protection insurance, investment solutions and wealth management.

The group's banking activities include retail and private banking, corporate and commercial banking, and specialized finance such as leasing and factoring.

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