Goldman Sachs Upgrades Australia & New Zealand Banking Group to Buy (ANZ)
Australia & New Zealand Banking Group (ASX:ANZ) was upgraded by investment analysts at Goldman Sachs from a “neutral” rating to a “buy” rating in a note issued to investors on Tuesday. The firm currently has a $36.81 target price on the stock.
Shares of Australia & New Zealand Banking Group (ASX:ANZ) traded down 0.38% during mid-day trading on Tuesday, hitting A$33.930. 5,771,238 shares of the company’s stock traded hands. Australia & New Zealand Banking Group has a 52-week low of A$27.100 and a 52-week high of A$35.070. The stock has a 50-day moving average of A$33.61 and a 200-day moving average of A$32.33. The company has a market cap of A$92.195 billion and a price-to-earnings ratio of 14.23.
Australia and New Zealand Banking Group Limited (ASX:ANZ) provides a range of banking and financial products and services to retail, small business, corporate and institutional clients.
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