BNP Paribas (EPA:BNP) received a €75.00 ($92.59) target price from research analysts at Macquarie in a research note issued on Friday, March 9th. The firm presently has a “buy” rating on the stock. Macquarie’s price objective suggests a potential upside of 20.10% from the company’s previous close.
A number of other research firms also recently issued reports on BNP. Deutsche Bank set a €78.00 ($96.30) target price on shares of BNP Paribas and gave the company a “buy” rating in a report on Monday, January 22nd. Goldman Sachs set a €82.00 ($101.23) price target on shares of BNP Paribas and gave the company a “buy” rating in a research report on Wednesday, January 17th. Kepler Capital Markets set a €76.20 ($94.07) price target on shares of BNP Paribas and gave the company a “buy” rating in a research report on Wednesday, January 17th. Credit Suisse Group set a €70.00 ($86.42) price target on shares of BNP Paribas and gave the company a “neutral” rating in a research report on Tuesday, February 6th. Finally, UBS set a €68.00 ($83.95) price target on shares of BNP Paribas and gave the company a “neutral” rating in a research report on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of €70.95 ($87.59).
Shares of BNP Paribas stock traded up €0.64 ($0.79) during trading on Friday, reaching €62.45 ($77.10). 7,560,000 shares of the company traded hands, compared to its average volume of 3,880,000. BNP Paribas has a 1-year low of €57.24 ($70.67) and a 1-year 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.
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