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

Key Points

• KBC Group SA has received an average recommendation of "Hold" from six ratings firms, with five analysts giving a hold rating and one a buy rating.
• The company's last reported quarterly earnings were $1.42 per share, exceeding analysts' expectations of $1.40.
• KBC Group's market capitalization is approximately $48.44 billion, with shares experiencing a 1-year low of $35.43 and a high of $61.62.

KBC Group SA (OTCMKTS:KBCSY - Get Free Report) has been given an average rating of "Hold" by the six ratings firms that are covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

KBCSY has been the subject of a number of research reports. Zacks Research downgraded shares of KBC Group from a "strong-buy" rating to a "hold" rating in a research report on Friday. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of KBC Group in a research report on Tuesday, August 12th. Barclays downgraded shares of KBC Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 15th. Morgan Stanley restated an "overweight" rating on shares of KBC Group in a research report on Wednesday, October 8th. Finally, Citigroup reiterated a "neutral" rating on shares of KBC Group in a research report on Wednesday, October 8th.

KBC Group Price Performance

Shares of KBCSY opened at $58.00 on Tuesday. The firm has a market capitalization of $48.44 billion, a PE ratio of 12.18, a price-to-earnings-growth ratio of 1.28 and a beta of 0.80. KBC Group has a 1-year low of $35.43 and a 1-year high of $61.62. The company's fifty day moving average price is $58.95 and its 200-day moving average price is $52.15.

KBC Group (OTCMKTS:KBCSY - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $1.42 earnings per share for the quarter, beating analysts' consensus estimates of $1.40 by $0.02. KBC Group had a net margin of 15.04% and a return on equity of 14.18%. As a group, research analysts anticipate that KBC Group will post 4.28 EPS for the current fiscal year.

About KBC Group

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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