KBC Group SA (OTCMKTS:KBCSY) Receives Consensus Recommendation of “Hold” from Analysts

by · The Markets Daily

KBC Group SA (OTCMKTS:KBCSY – Get Free Report) has been given a consensus rating of “Hold” by the six analysts that are covering the company, MarketBeat Ratings reports. One investment 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 equities analysts recently commented on the company. Citigroup reissued a “neutral” rating on shares of KBC Group in a report on Friday, May 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of KBC Group in a report on Tuesday, February 24th. Finally, Zacks Research lowered KBC Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 1st.

Check Out Our Latest Analysis on KBC Group

KBC Group Stock Performance

KBC Group stock opened at $67.75 on Friday. KBC Group has a twelve month low of $48.26 and a twelve month high of $73.12. The stock’s fifty day simple moving average is $66.51 and its 200-day simple moving average is $65.96. The firm has a market capitalization of $56.59 billion, a P/E ratio of 13.44, a P/E/G ratio of 0.91 and a beta of 0.59.

KBC Group (OTCMKTS:KBCSY – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.07). KBC Group had a return on equity of 13.51% and a net margin of 14.98%.The company had revenue of $3.78 billion for the quarter, compared to analysts’ expectations of $3.79 billion. Sell-side analysts predict that KBC Group will post 5.88 earnings per share for the current year.

KBC Group Company Profile

(Get Free Report)

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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