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KBC Group (OTCMKTS:KBCSY) Reaches New 1-Year High - Time to Buy?

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KBC Group NV (OTCMKTS:KBCSY - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $44.27 and last traded at $43.70, with a volume of 18742 shares. The stock had previously closed at $43.25.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded shares of KBC Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 17th.

Check Out Our Latest Analysis on KBCSY

KBC Group Trading Up 1.2 %

The stock's 50 day moving average price is $40.28 and its 200 day moving average price is $38.54. The company has a market capitalization of $39.63 billion, a price-to-earnings ratio of 10.55, a P/E/G ratio of 1.75 and a beta of 1.09.

KBC Group (OTCMKTS:KBCSY - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.21. KBC Group had a net margin of 13.32% and a return on equity of 14.40%. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $2.96 billion. On average, research analysts expect that KBC Group NV will post 4.28 earnings per share for the current 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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