BNP Paribas (EPA:BNP) has been assigned a €47.00 ($54.65) price objective by equities researchers at JPMorgan Chase & Co. in a report issued on Tuesday, April 9th, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential downside of 2.60% from the stock’s current price.
Other research analysts have also issued reports about the stock. HSBC set a €46.00 ($53.49) price objective on shares of BNP Paribas and gave the stock a “neutral” rating in a report on Thursday, April 4th. Credit Suisse Group set a €47.00 ($54.65) price objective on shares of BNP Paribas and gave the stock a “neutral” rating in a report on Wednesday, March 27th. Goldman Sachs Group restated a “buy” rating on shares of BNP Paribas in a report on Wednesday, December 19th. Royal Bank of Canada set a €55.00 ($63.95) price objective on shares of BNP Paribas and gave the stock a “buy” rating in a report on Wednesday, January 30th. Finally, Deutsche Bank set a €60.00 ($69.77) target price on shares of BNP Paribas and gave the stock a “buy” rating in a research report on Thursday, February 7th. One 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 company’s stock. The company currently has an average rating of “Hold” and an average price target of €52.52 ($61.06).
EPA:BNP traded up €0.26 ($0.30) during midday trading on Tuesday, reaching €48.26 ($56.11). 3,504,809 shares of the stock 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).
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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