BNP Paribas (OTCMKTS:BNPQY) Lifted to Moderate Buy at Royal Bank of Canada

Royal Bank of Canada upgraded shares of BNP Paribas (OTCMKTS:BNPQY) to a moderate buy rating in a report released on Wednesday, Zacks.com reports.

BNP Paribas Trading Up 0.3 %

BNPQY opened at $34.01 on Wednesday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.81 and a quick ratio of 0.81. The company’s 50 day simple moving average is $34.18 and its two-hundred day simple moving average is $34.81. The firm has a market capitalization of $76.92 billion, a price-to-earnings ratio of 7.19, a price-to-earnings-growth ratio of 0.27 and a beta of 1.44. BNP Paribas has a 1-year low of $28.24 and a 1-year high of $39.32.

BNP Paribas (OTCMKTS:BNPQY) last issued its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.14. The business had revenue of $13.21 billion for the quarter, compared to analysts’ expectations of $12.92 billion. Analysts expect that BNP Paribas will post 5.02 EPS for the current fiscal 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.