BNP Paribas SA (BNP) Given Average Rating of “Hold” by Brokerages
BNP Paribas SA (EPA:BNP) has been assigned an average rating of “Hold” from the thirteen ratings firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is €52.52 ($61.06).
Several equities research analysts have commented on the stock. HSBC set a €46.00 ($53.49) price target on shares of BNP Paribas and gave the stock a “neutral” rating in a research report on Thursday, April 4th. JPMorgan Chase & Co. set a €47.00 ($54.65) price target on shares of BNP Paribas and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. Deutsche Bank set a €55.00 ($63.95) target price on shares of BNP Paribas and gave the company a “buy” rating in a report on Thursday, April 11th. Royal Bank of Canada set a €54.00 ($62.79) target price on shares of BNP Paribas and gave the company a “buy” rating in a report on Thursday, April 18th. Finally, Goldman Sachs Group set a €67.00 ($77.91) target price on shares of BNP Paribas and gave the company a “buy” rating in a report on Thursday, May 2nd.
EPA:BNP traded down €0.58 ($0.67) on Friday, hitting €45.38 ($52.76). 5,488,732 shares of the company’s stock were exchanged, compared to its average volume of 3,880,000. BNP Paribas has a 52 week low of €57.24 ($66.56) and a 52 week high of €69.17 ($80.43).
BNP Paribas SA provides a range of banking and financial services in France and internationally. It operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking. The company offers long-term corporate vehicle leasing, and rental and other financing solutions; and digital banking and investment services, cash management, and factoring services to corporate clients, as well as wealth management services.
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