BNP Paribas SA (BNPQY) Earns Neutral Rating from Analysts at Credit Suisse Group AG


Analysts at Credit Suisse Group AG initiated coverage on shares of BNP Paribas SA (NASDAQ:BNPQY) in a research report issued to clients and investors on Friday. The firm set a “neutral” rating on the stock.
A number of other equities analysts have also weighed in on the company. Jefferies Group assumed coverage on BNP Paribas SA in a research note on Wednesday. They set a “hold” rating on the stock. Zacks Investment Research raised BNP Paribas SA from a “sell” rating to a “buy” rating and set a $28.00 price objective on the stock in a research note on Tuesday, August 30th.
BNP Paribas SA (NASDAQ:BNPQY) traded down 3.07% during trading on Friday, hitting $24.91. The stock had a trading volume of 13,370 shares. The firm has a 50 day moving average of $25.08 and a 200-day moving average of $24.98. The company has a market cap of $62.05 billion and a P/E ratio of 8.28. BNP Paribas SA has a one year low of $19.46 and a one year high of $31.35.

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About BNP Paribas SA
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.

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