$BNPQY European Financials move on Brexit optimism. BNP Long.
Possible trade opportunity, but risky as latest bullish move is news related to a Brexit resolution.
Entry $26.2 Target $28.8 Stop loss $25.6
P/E ratio 7.5 (very low)
Company profile
BNP Paribas SA engages in the provision of banking and financial services. The company operates through the following business: Retail Banking and Services, and Corporate Institutional Banking. The Retail Banking and Services business includes the retail banking networks and specialized financial services in France and around the world. The Corporate Institutional Banking business is a provider of financial solutions to corporate and institutional clients. It helps all its individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients to realize their projects through solutions spanning financing, investment, savings and protection insurance. The company was founded in 1822 and is headquartered in Paris, France.
Entry $26.2 Target $28.8 Stop loss $25.6
P/E ratio 7.5 (very low)
Company profile
BNP Paribas SA engages in the provision of banking and financial services. The company operates through the following business: Retail Banking and Services, and Corporate Institutional Banking. The Retail Banking and Services business includes the retail banking networks and specialized financial services in France and around the world. The Corporate Institutional Banking business is a provider of financial solutions to corporate and institutional clients. It helps all its individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients to realize their projects through solutions spanning financing, investment, savings and protection insurance. The company was founded in 1822 and is headquartered in Paris, France.