RBC cuts target for BNP Paribas stock from EUR 109 to EUR 105

Published on 10/15/2026 at 10:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC kept its Outperform rating on October 12, 2026. BNP Paribas stock costs EUR 89.56 on October 15, 2026, 0.22 percent below the Xetra close.

Analyst revision and bank metrics

RBC Capital lowered its target on October 12, 2026, while retaining an Outperform rating.
Fiscal-year 2025 revenue increased 4.90 percent to EUR 51.2 billion from EUR 48.8 billion.
BNP Paribas stock trades at EUR 89.56 at 10:10 a.m. CEST at Lang & Schwarz on October 15, 2026, 0.22 percent below the Xetra close of October 14, 2026.

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BNP Paribas S.A. (ISIN FR0000131104) stock was trading at EUR 89.56 at Lang & Schwarz on October 15, 2026, at 10:10 a.m. CEST, down 0.22 percent versus the Xetra close of October 14, 2026 at EUR 89.76. Markets Insider reported on October 12, 2026 that RBC Capital lowered its target from EUR 109.00 to EUR 105.00 while keeping an Outperform rating.

RBC trims target to EUR 105

The revision leaves the target 14.70 percent above the Lang & Schwarz price. The change is notable because RBC retained its positive rating while reducing its valuation reference by EUR 4.00.

Markets Insider also reported that RBC maintained a Buy rating and a EUR 105.00 target on October 12, 2026. That combination gives investors a clear counterpoint to the recent target reduction: the valuation view softened, but the published stance did not turn negative.

Three dated developments and figures

On July 23, 2026, BNP Paribas published its second-quarter results on its investor-relations page. On July 31, 2026, the same page listed Arval's completed Athlon acquisition, bringing the combined fleet to 2.3 million vehicles. On October 12, 2026, RBC Capital cut its target from EUR 109.00 to EUR 105.00, according to Markets Insider.

What dates matter next?

The next scheduled reporting event is BNP Paribas' third-quarter 2026 results on October 28, 2026, with an investor webcast later that day, according to BNP Paribas. The date gives the target revision a near-term earnings checkpoint.

Revenue growth supports the backdrop

Fiscal-year 2025 revenue rose 4.90 percent to EUR 51.2 billion from EUR 48.8 billion in fiscal year 2024, while net income attributable to shareholders reached EUR 12.2 billion from EUR 11.7 billion, according to BNP Paribas. The figures provide operating context, although the next quarterly release will offer the fresher test of earnings momentum.

Stock price and valuation reference

BNP Paribas stock was trading at EUR 89.56 at Lang & Schwarz on October 15, 2026, at 10:10 a.m. CEST, 0.22 percent below the Xetra close of October 14, 2026 at EUR 89.76. The finance quote showed a market capitalization of EUR 98.1 billion and a 52-week range of EUR 65.17 to EUR 113.94 as of October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of BNP Paribas stock.