BNP Paribas (EPA:BNP) received a €47.00 ($54.65) price objective from equities researchers at JPMorgan Chase & Co. in a research note issued on Friday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 2.73% from the company’s previous close.
BNP has been the topic of a number of other research reports. UBS Group set a €49.00 ($56.98) price objective on BNP Paribas and gave the stock a “buy” rating in a research report on Friday, September 20th. Jefferies Financial Group set a €54.20 ($63.02) price objective on BNP Paribas and gave the stock a “buy” rating in a research report on Friday, August 9th. Credit Suisse Group set a €47.00 ($54.65) price objective on BNP Paribas and gave the stock a “neutral” rating in a research report on Monday, September 30th. Barclays set a €45.00 ($52.33) price objective on BNP Paribas and gave the stock a “sell” rating in a research report on Thursday, September 12th. Finally, Deutsche Bank set a €55.00 ($63.95) price objective on BNP Paribas and gave the stock a “buy” rating in a research report on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of €51.58 ($59.97).
BNP stock traded up €2.06 ($2.40) during midday trading on Friday, reaching €45.75 ($53.20). 6,085,966 shares of the stock were exchanged, compared to its average volume of 3,880,000. BNP Paribas has a 52 week low of €57.24 ($66.56) and a 52 week high of €69.17 ($80.43). The firm has a fifty day moving average of €42.60.
BNP Paribas Company Profile
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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