KBC Group SA (OTCMKTS:KBCSY) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Brokerages give KBC Group an average "Hold" rating based on six analysts — one sell, four holds and one buy — with recent notes from Deutsche Bank and Citigroup and a Zacks downgrade from strong-buy to hold.
• KBC reported a quarterly beat with $1.42 EPS vs. $1.40 expected and revenue of $3.73 billion (vs. $3.64B), posting a 13.89% ROE and 15.7% net margin; analysts forecast ~4.28 EPS for the year.
• The stock trades around $62.85 with a 12‑month range of $38.90–$73.12, a market cap of $52.5 billion, P/E of 12.67, PEG of 0.84 and a beta of 0.59, indicating moderate valuation and lower volatility.

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

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

KBC Group Trading Down 0.0%

Shares of OTCMKTS:KBCSY opened at $62.85 on Tuesday. KBC Group has a 12-month low of $38.90 and a 12-month high of $73.12. The business's fifty day simple moving average is $65.78 and its 200-day simple moving average is $63.56. The company has a market capitalization of $52.50 billion, a PE ratio of 12.67, a P/E/G ratio of 0.84 and a beta of 0.59.

KBC Group (OTCMKTS:KBCSY - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The company reported $1.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.40 by $0.02. KBC Group had a return on equity of 13.89% and a net margin of 15.70%.The business had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.64 billion. Research analysts predict that KBC Group will post 4.28 EPS for the current 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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