BNP Paribas (EPA:BNP) has been assigned a €56.00 ($65.12) target price by stock analysts at UBS Group in a note issued to investors on Wednesday, June 26th, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. UBS Group’s target price suggests a potential upside of 32.17% from the company’s current price.
Several other analysts have also commented on BNP. Deutsche Bank set a €35.00 ($40.70) price target on shares of Deutsche Post and gave the company a “buy” rating in a research report on Friday, May 3rd. HSBC restated a “hold” rating on shares of Societe Generale in a report on Thursday, April 4th. Goldman Sachs Group started coverage on shares of HubSpot in a report on Friday, June 7th. They set a “buy” rating and a $223.00 price objective on the stock. Barclays reiterated a “buy” rating and issued a $75.00 price target on shares of Weibo in a report on Monday, March 11th. Finally, Jefferies Financial Group set a €40.00 ($46.51) price target on shares of Hapag-Lloyd and gave the stock a “buy” rating in a report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of €52.13 ($60.62).
Shares of BNP traded down €0.15 ($0.17) during trading hours on Wednesday, reaching €42.37 ($49.27). 3,300,089 shares of the company traded hands, compared to its average volume of 3,880,000. BNP Paribas has a 12-month low of €57.24 ($66.56) and a 12-month high of €69.17 ($80.43). The stock has a fifty day moving average of €41.72.
BNP Paribas SA provides a range of banking and financial services in France and internationally. It operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking. The company 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.
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