Morgan Stanley analyst Giulia Miotto maintained a Buy rating on KBC Group SA/NV today and set a price target of €121.00. The company’s shares closed yesterday at €100.05.
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Miotto covers the Financial sector, focusing on stocks such as KBC Group SA/NV, Deutsche Bank AG, and UBS Group AG. According to TipRanks, Miotto has an average return of 16.2% and a 70.00% success rate on recommended stocks.
KBC Group SA/NV has an analyst consensus of Moderate Buy, with a price target consensus of €108.17.
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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