Goldman Sachs analyst Chris Hallam upgraded KBC Group to Buy from Neutral with a EUR 74 price target. The firm sees the recent underperformance of the shares as being overdone given the group’s lower dependence on NII in a potential rate-cutting cycle.
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Read More on KBCSY:
- KBC Group price target lowered to EUR 60 from EUR 63 at Berenberg
- KBC Group price target lowered to EUR 65 from EUR 72 at RBC Capital
- KBC Group price target lowered to EUR 58 from EUR 61 at Barclays
- KBC Group downgraded to Hold from Buy at Deutsche Bank
- KBC Group price target lowered to EUR 63 from EUR 69 at Berenberg
