BNP Paribas Clouded by Sudan Litigation Uncertainty -- Market Talk

Dow Jones11-17

1035 GMT - BNP Paribas's solid score has been erased by a long and costly wait on the outcome of its Sudan litigation, Deutsche Bank says in a research note. The French bank has seen 8 billion euros wiped off its market capitalization in the past four weeks due to the uncertainty brought about by this case, analysts Sharath Kumar and Benjamin Goy write. "While BNP possesses strong arguments and much risk is priced in, clarity remains distant, and outcomes are unpredictable," they add. The bank's return on tangible equity targets for 2026 and 2028 are sound if litigation risks don't materialize, they say. DB is the latest brokerage to downgrade its rating on the stock, lowering it to hold from buy and cutting its target price to 78 euros from 91 euros. (elena.vardon@wsj.com)

 

(END) Dow Jones Newswires

November 17, 2025 05:36 ET (10:36 GMT)

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