RBC Capital analyst Anke Reingen has adjusted the price target for KBC Group (KBCSY, Financial), reducing it from EUR 86 to EUR 84. Despite this revision, the analyst maintains a Sector Perform rating for the company’s shares.
The modification in the price target reflects a recalibration of expectations for KBC Group, while the sustained rating indicates a relatively steady outlook on the stock’s performance within the sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for KBC Groupe NV (KBCSY, Financial) is $43.76 with a high estimate of $43.76 and a low estimate of $43.76. The average target implies an downside of 5.14% from the current price of $46.13. More detailed estimate data can be found on the KBC Groupe NV (KBCSY) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, KBC Groupe NV's (KBCSY, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for KBC Groupe NV (KBCSY, Financial) in one year is $37.95, suggesting a downside of 17.73% from the current price of $46.13. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the KBC Groupe NV (KBCSY) Summary page.
