ValuEngine Downgrades Bank of China Ltd. (BACHY) to Buy
Bank of China Ltd. (OTCMKTS:BACHY) was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a research note issued on Friday.
Separately, Zacks Investment Research upgraded shares of Bank of China from a “sell” rating to a “hold” rating in a research report on Tuesday, June 6th.
Shares of Bank of China (OTCMKTS BACHY) traded down 0.7012% during mid-day trading on Friday, reaching $12.7301. 16,808 shares of the company’s stock traded hands. The stock has a market cap of $158.36 billion, a PE ratio of 6.3650 and a beta of 1.13. Bank of China has a 12 month low of $10.52 and a 12 month high of $13.35. The firm has a 50 day moving average price of $12.55 and a 200-day moving average price of $12.33.
About Bank of China
Bank of China Limited, together with its subsidiaries, provides a range of banking and related financial services in the Peoples Republic of China and internationally. It operates in six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other Operations.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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