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03/05/2022 13:21
Shares of BNP Paribas rose on the Paris Stock Exchange marking a rise of 2% after lifting the veil on quarterly accounts that exceed expectations. According to Jefferies, “Bnp has beaten the consensus massively – net profit exceeds it by 53%, with a healthy operating result – thanks in particular to high revenues, due to the Markets hub, but all dub-divisions are above the waited “. “The provisions are half compared to expectations and are particularly low in retail banking” says Jefferies who assigns a ‘buy’ to the Bnp Paribas stock with a target price of 67 euros.