KBC Groep traded at 127.50 this Tuesday August 4th, increasing 1.40 or 1.11 percent since the previous trading session. Looking back, over the last four weeks, KBC Groep gained 5.28 percent. Over the last 12 months, its price rose by 37.96 percent. Looking ahead, we forecast KBC Groep to be priced at 121.86 by the end of this quarter and at 113.85 in one year, according to Trading Economics global macro models projections and analysts expectations.
KBC Groep NV is a Belgium-based holding company engaged in the banking, insurance and asset management sector. The Company’s activities are divided into the following divisions: Belgium, comprising retail and private banking and insurance, asset management and private banking in Belgium; Central & Eastern Europe and Russia, comprising retail bank insurance and merchant banking activities in the Czech Republic, Slovakia, Hungary and Poland, as well as bank-insurance, leasing, asset management and factoring in Bulgaria; Merchant Banking, consisting of corporate banking and market activities in Europe, and Shared Services and Operations providing support and products to other business units. Each of these units has its own management committee and oversees both the banking and the insurance activities. Its subsidiaries include Interlease EAD, United Bulgarian Bank AD Sofia and Telindus ISIT BV, among others.