BNP Paribas Receives 'Moderate Buy' Average Rating from Analysts

BNP Paribas SA (OTCMKTS:BNPQY) has received an average rating of 'Moderate Buy' from eight analysts covering the company. Four research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation, and one has given a strong buy recommendation.

Different analysts have issued various ratings for BNP Paribas over the past few weeks. DZ Bank raised its rating to 'strong-buy' on July 24th, while Citigroup reaffirmed its 'buy' rating on July 20th. Royal Bank Of Canada reissued an 'outperform' rating on July 27th.

The financial services provider reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.24. BNP Paribas had a return on equity of 10.32% and a net margin of 25.22%. The firm's revenue was $16.38 billion for the quarter, compared to analysts' expectations of $15.44 billion.