Berenberg Bank Analysts Give BNP Paribas (BNP) a €52.00 Price Target

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BNP Paribas (EPA:BNP) has been assigned a €52.00 ($60.47) target price by stock analysts at Berenberg Bank in a report released on Thursday. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price objective indicates a potential downside of 16.73% from the stock’s previous close.

Several other research firms have also weighed in on BNP. Goldman Sachs Group set a €79.00 ($91.86) target price on shares of BNP Paribas and gave the stock a “buy” rating in a report on Monday, July 23rd. Morgan Stanley set a €68.30 ($79.42) target price on shares of BNP Paribas and gave the stock a “buy” rating in a report on Friday, July 20th. Royal Bank of Canada set a €68.00 ($79.07) target price on shares of BNP Paribas and gave the stock a “buy” rating in a report on Friday, July 13th. Deutsche Bank set a €68.00 ($79.07) target price on shares of BNP Paribas and gave the stock a “buy” rating in a report on Friday, July 13th. Finally, JPMorgan Chase & Co. set a €68.00 ($79.07) target price on shares of BNP Paribas and gave the stock a “neutral” rating in a report on Friday, July 6th. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. BNP Paribas has a consensus rating of “Buy” and an average price target of €67.96 ($79.03).

BNP Paribas stock traded up €0.64 ($0.74) on Thursday, hitting €62.45 ($72.62). The company’s stock had a trading volume of 7,560,000 shares, compared to its average volume of 3,880,000. BNP Paribas has a one year low of €57.24 ($66.56) and a one year high of €69.17 ($80.43).

BNP Paribas Company Profile

BNP Paribas SA provides a range of banking and financial services in France and internationally. The company operates through two divisions, Retail Banking and Services; and Corporate and Institutional Banking. It 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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Analyst Recommendations for BNP Paribas (EPA:BNP)

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