Separately, Zacks Investment Research downgraded shares of KBC GRP NV/ADR from a “hold” rating to a “sell” rating in a research note on Wednesday, September 25th.
OTCMKTS:KBCSY opened at $35.63 on Thursday. KBC GRP NV/ADR has a 12 month low of $28.00 and a 12 month high of $38.17. The firm has a fifty day simple moving average of $32.52 and a 200-day simple moving average of $32.99. The company has a market capitalization of $29.40 billion, a P/E ratio of 10.09 and a beta of 0.90.
KBC GRP NV/ADR Company Profile
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. It accepts deposits; offers home and mortgage loans; consumer finance and SME funding services; credit, asset management, and life and non-life insurance; payments, and money and debt market services; investment fund solutions; brokerage and corporate finance, foreign trade finance, cash management, leasing, etc.; and other specialized financial products and services.
Further Reading: What is a Leveraged Buyout (LBO)?
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