Zacks: The Bank of East Asia Ltd. (BKEAY) Given $2.32 Average Price Target by Analysts
Shares of The Bank of East Asia Ltd. (NASDAQ:BKEAY) have received an average broker rating score of 4.00 (Sell) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell recommendation.
Analysts have set a 12-month consensus target price of $2.32 for the company, according to Zacks. Zacks has also assigned The Bank of East Asia an industry rank of 66 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut The Bank of East Asia from a “hold” rating to a “sell” rating in a report on Wednesday, August 31st.
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Shares of The Bank of East Asia (NASDAQ:BKEAY) remained flat at $4.13 during trading on Tuesday. The Bank of East Asia has a 1-year low of $2.59 and a 1-year high of $4.36. The stock has a 50-day moving average of $4.13 and a 200-day moving average of $3.88. The company has a market cap of $11.08 billion and a P/E ratio of 23.33.
About The Bank of East Asia
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