In a recent update, Morgan Stanley has adjusted its price target for KBC Group (KBCSY, Financial) from EUR 94 to EUR 96. The financial institution continues to hold an Overweight rating on the shares, reflecting sustained confidence in the company's market potential.
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 $49.29 with a high estimate of $49.29 and a low estimate of $49.29. The average target implies an upside of 0.78% from the current price of $48.90. 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 $39.87, suggesting a downside of 18.47% from the current price of $48.9035. 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.
