Accueil > Actualité
Actualite financiere : Actualite bourse

BNP Paribas: Oddo confirms rating after results

(CercleFinance.com) - BNP Paribas published 2019 net income, group share of 8,173 million euros, up 8.
6% (+4.7% excluding exceptional items), with gross operating income of 13,260 million euros, up 11.2% for its operating divisions.

Following this announcement, Oddo confirms its buy rating on the share, with a target price of 61.50 euros.

Oddo believes that the clarifications reduce concerns with regulatory adjustments that will more than offset the overall impacts of Basel 3.

BNPP would display a RoTE higher than the CoE which is key for the ECB, Oddo says.

Forecasts and recommendation remain unchanged given the upside potential of 25%, it says.


Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.