BNP Paribas (OTCMKTS:BNPQY) Rating Lowered to Strong Sell at Kepler Capital Markets

Kepler Capital Markets lowered shares of BNP Paribas (OTCMKTS:BNPQY) from a hold rating to a strong sell rating in a research note issued to investors on Wednesday,Zacks.com reports.

Separately, Citigroup restated a “buy” rating on shares of BNP Paribas in a report on Tuesday, March 11th.

BNP Paribas Trading Down 8.2 %

Shares of BNPQY opened at $37.25 on Wednesday. The firm has a fifty day simple moving average of $38.82 and a two-hundred day simple moving average of $34.64. BNP Paribas has a twelve month low of $28.93 and a twelve month high of $44.30. The stock has a market capitalization of $84.19 billion, a P/E ratio of 7.05, a PEG ratio of 0.77 and a beta of 1.35. The company has a quick ratio of 0.81, a current ratio of 0.74 and a debt-to-equity ratio of 1.02.

BNP Paribas (OTCMKTS:BNPQY) last posted its earnings results on Thursday, February 6th. The financial services provider reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.14. BNP Paribas had a return on equity of 8.90% and a net margin of 23.95%. On average, research analysts anticipate that BNP Paribas will post 5.02 EPS for the current year.

About BNP Paribas

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.