BNP Paribas (EPA:BNP) Stock Price Crosses Above Two Hundred Day Moving Average of $33.57

BNP Paribas SA (EPA:BNP) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $33.57 and traded as high as $35.98. BNP Paribas shares last traded at $35.71, with a volume of 4,581,410 shares trading hands.

Several research analysts recently issued reports on the stock. Morgan Stanley set a €42.00 ($49.41) price target on shares of BNP Paribas and gave the stock a “buy” rating in a research report on Friday, July 24th. JPMorgan Chase & Co. set a €46.00 ($54.12) target price on BNP Paribas and gave the stock a “buy” rating in a research report on Friday, July 31st. Goldman Sachs Group set a €53.00 ($62.35) price target on BNP Paribas and gave the company a “buy” rating in a research report on Monday, August 10th. Royal Bank of Canada set a €42.00 ($49.41) target price on shares of BNP Paribas and gave the company a “buy” rating in a research note on Friday, September 4th. Finally, Deutsche Bank set a €45.00 ($52.94) target price on shares of BNP Paribas and gave the stock a “buy” rating in a research report on Monday, August 3rd. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company. BNP Paribas currently has an average rating of “Buy” and an average price target of €42.95 ($50.53).

The stock has a 50-day moving average of €36.24 and a 200 day moving average of €33.57.

About BNP Paribas (EPA:BNP)

BNP Paribas SA provides a range of banking and financial services in France and internationally. It operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking. The company 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.

See Also: Can systematic risk be avoided?

Receive News & Ratings for BNP Paribas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNP Paribas and related companies with MarketBeat.com's FREE daily email newsletter.