BNP Paribas (EPA:BNP) Rating Upped

Macquarie Research has upped Bnp Paribas (EPA:BNP) stock to Outperform in analysts report revealed to clients and investors on Wednesday, 24 February, and has set one year TP at EUR 52.00. This target is 30.52 % from BNP’s last price.

The stock rating upgrade is welcomed by stock investors, as EPA:BNP is currently trading 3.97% higher at EUR 41.51 as of 16:10 Frankfurt time. BNP Paribas’s stock is down -29.78% in the last 200 days. It has underperformed the S&P500, which has decreased -8.80% in the same time.

EPA:BNP Price Chart & Trend

The stock price of BNP Paribas is down 29.78% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, BNP Paribas is down 23.93% and down 26.14%, respectively. Our stocks momentum model is shown on the price chart below.

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

BNP Paribas (EPA:BNP) Profile

BNP Paribas SA is a provider of banking and financial services, has four domestic retail banking markets in Europe, namely Belgium, France, Italy and Luxembourg. The Bank operates in 75 countries over 147,000 in Europe. The Bank operates in two divisions: Retail Banking & Services, which include Domestic Markets and a new entity, International Financial Services which includes the operations of BancWest, Europe-Mediterranean, Personal Finance, Wealth and Asset Management and Insurance, and Corporate and Institutional Banking (CIB), including Corporate Banking, Global Markets and Securities Services.

BNP Paribas (EPA:BNP) traded up 3.97% on 24 February, hitting EUR 41.51. A total of shares of the company’s stock traded hands. This is down from average of 6.81 million shares. BNP Paribas has a 52 week low of EUR 37.00 and a 52 week high of EUR 61. The company has a market cap of 51.73 billion EUR and a P/E ratio of 8.09.

Get the latest BNP Paribas (EPA:BNP) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post BNP Paribas (EPA:BNP) Rating was Increased by Analysts at Macquarie Research to a Outperform Rating with EUR 52.00 TP appeared first on Octafinance.