BNP Paribas (EPA:BNP) received a €55.00 ($63.95) price target from equities researchers at Deutsche Bank in a research note issued on Wednesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 29.81% from the stock’s previous close.
Other research analysts also recently issued research reports about the stock. HSBC set a €6.90 ($8.02) price target on shares of Deutsche Bank and gave the stock a “neutral” rating in a research report on Tuesday, July 9th. JPMorgan Chase & Co. restated a “top pick” rating on shares of in a research report on Thursday, July 4th. Credit Suisse Group set a $77.00 price target on shares of Monster Beverage and gave the stock a “buy” rating in a research report on Friday, May 3rd. Royal Bank of Canada set a $42.00 price target on shares of Devon Energy and gave the stock a “hold” rating in a research report on Thursday, May 2nd. Finally, Jefferies Financial Group set a €40.00 ($46.51) price target on shares of Hapag-Lloyd and gave the stock a “buy” rating in a research report on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of €52.13 ($60.62).
BNP opened at €42.37 ($49.27) on Wednesday. BNP Paribas has a twelve month low of €57.24 ($66.56) and a twelve month high of €69.17 ($80.43). The stock’s 50-day moving average is €41.74.
About BNP Paribas
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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