BNP Paribas (OTCMKTS:BNPQY) Raised to “Moderate Buy” at Royal Bank of Canada

BNP Paribas (OTCMKTS:BNPQY) was upgraded by investment analysts at Royal Bank of Canada to a “moderate buy” rating in a research report issued on Wednesday, Zacks.com reports.

BNP Paribas Stock Down 0.3 %

OTCMKTS BNPQY opened at $33.90 on Wednesday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market capitalization of $76.67 billion, a PE ratio of 6.99, a PEG ratio of 0.27 and a beta of 1.44. BNP Paribas has a 1 year low of $28.24 and a 1 year high of $39.32. The business’s 50-day moving average is $34.14 and its 200 day moving average is $34.81.

BNP Paribas (OTCMKTS:BNPQY) last posted its earnings results on Wednesday, July 24th. The financial services provider reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.14. The business had revenue of $13.21 billion during the quarter, compared to the consensus estimate of $12.92 billion. Sell-side analysts forecast that BNP Paribas will post 5.02 earnings per share for the current year.

BNP Paribas Company Profile

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.