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Goldman Sachs Sticks to Its Buy Rating for BNP Paribas (0HB5)
Goldman Sachs analyst Chris Hallam maintained a Buy rating on BNP Paribas today and set a price target of €108.00.
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According to TipRanks, Hallam is a top 100 analyst with an average return of 26.9% and a 77.53% success rate.
In addition to Goldman Sachs, BNP Paribas also received a Buy from J.P. Morgan’s Delphine Lee in a report issued on May 5. However, on May 11, Morgan Stanley maintained a Hold rating on BNP Paribas (LSE: 0HB5).
Based on BNP Paribas’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €73.81 billion and a net profit of €6.02 billion. In comparison, last year the company earned a revenue of €22.26 billion and had a net profit of €4.79 billion
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