Shares of KBC Group NV (OTCMKTS:KBCSY - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $47.89 and last traded at $47.77, with a volume of 21151 shares trading hands. The stock had previously closed at $47.26.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the company. Morgan Stanley reiterated an "overweight" rating on shares of KBC Group in a report on Friday, March 7th. Barclays upgraded KBC Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 17th.
Check Out Our Latest Stock Analysis on KBCSY
KBC Group Trading Down 2.7 %
The firm's 50 day moving average price is $42.83 and its two-hundred day moving average price is $39.44. The company has a market capitalization of $38.44 billion, a P/E ratio of 10.23, a PEG ratio of 1.75 and a beta of 1.10.
KBC Group (OTCMKTS:KBCSY - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $1.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.26 by $0.21. KBC Group had a return on equity of 14.40% and a net margin of 13.32%. The firm had revenue of $3.13 billion for the quarter, compared to analysts' expectations of $2.96 billion. Analysts anticipate that KBC Group NV will post 4.28 earnings per share for the current fiscal year.
About KBC Group
(
Get Free Report)
KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.
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