BNP Paribas SA Forecasted to Earn FY2017 Earnings of $3.45 Per Share (BNPQY)

BNP Paribas SA (OTCMKTS:BNPQY) – Stock analysts at Jefferies Group reduced their FY2017 earnings per share estimates for BNP Paribas in a research report issued on Wednesday, according to Zacks Investment Research. Jefferies Group analyst M. Timat now anticipates that the financial services provider will post earnings per share of $3.45 for the year, down from their previous estimate of $4.01. Jefferies Group also issued estimates for BNP Paribas’ FY2018 earnings at $3.57 EPS, FY2019 earnings at $3.98 EPS and FY2020 earnings at $4.74 EPS.

Separately, Zacks Investment Research upgraded BNP Paribas from a “hold” rating to a “strong-buy” rating and set a $45.00 price objective for the company in a research report on Wednesday, September 27th.

Shares of BNP Paribas (BNPQY) opened at $37.79 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.80 and a debt-to-equity ratio of 1.69. The company has a market capitalization of $94,356.49, a PE ratio of 11.66 and a beta of 1.10. BNP Paribas has a twelve month low of $28.65 and a twelve month high of $40.62.

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BNP Paribas Company Profile

BNP Paribas SA is a France-based company engaged in the financial industry. The Company provides banking and financial services. The Company operates in two divisions: Retail Banking and Services, and Corporate and Institutional Banking (CIB). The Retail Banking and Services division includes retail banking networks and specialized financial services in France and abroad.

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