BNP Paribas (BNP) Receives €70.73 Average Target Price from Analysts

Shares of BNP Paribas (EPA:BNP) have been given an average rating of “Buy” by the seventeen ratings firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is €70.73 ($87.31).

BNP has been the topic of several analyst reports. UBS reaffirmed a “neutral” rating on shares of BNP Paribas in a report on Monday, December 11th. Morgan Stanley set a €73.50 ($90.74) price objective on BNP Paribas and gave the company a “buy” rating in a report on Wednesday, December 13th. Royal Bank of Canada set a €76.00 ($93.83) price objective on BNP Paribas and gave the company a “buy” rating in a report on Monday, December 18th. JPMorgan Chase set a €68.00 ($83.95) price objective on BNP Paribas and gave the company a “neutral” rating in a report on Tuesday, January 2nd. Finally, HSBC set a €67.00 ($82.72) price objective on BNP Paribas and gave the company a “neutral” rating in a report on Thursday, January 4th.

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BNP Paribas stock traded up €0.64 ($0.79) during midday trading on Wednesday, hitting €62.45 ($77.10). 7,560,000 shares of the company were exchanged, compared to its average volume of 3,880,000. BNP Paribas has a fifty-two week low of €57.24 ($70.67) and a fifty-two week high of €69.17 ($85.40).

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About BNP Paribas

BNP Paribas SA provides a range of banking and financial services in France and internationally. The company operates through two divisions, Retail Banking and Services; and Corporate and Institutional Banking. It offers long-term corporate vehicle leasing, and rental and other financing solutions; and digital banking and investment services, cash management, and factoring services to corporate clients, as well as wealth management services.

Analyst Recommendations for BNP Paribas (EPA:BNP)

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