In a report released today, Shrey Srivastava from Citi maintained a Hold rating on KBC Group SA/NV. The company’s shares closed yesterday at €100.05.
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Srivastava covers the Financial sector, focusing on stocks such as Swedbank, Svenska Handelsbanken AB, and KBC Group SA/NV. According to TipRanks, Srivastava has an average return of 18.8% and a 93.75% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for KBC Group SA/NV with a €108.83 average price target.
Based on KBC Group SA/NV’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €5.93 billion and a net profit of €1.02 billion. In comparison, last year the company earned a revenue of €2.74 billion and had a net profit of €925 million
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- KBC studying potential takeover of ABN Amro, Bloomberg says
- KBC Group price target raised to EUR 106 from EUR 90 at JPMorgan
- KBC Group price target raised to EUR 120 from EUR 117 at Morgan Stanley
- KBC Group price target raised to EUR 110 from EUR 102 at Barclays
- KBC Group price target raised to EUR 94 from EUR 87 at Deutsche Bank
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