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.

COPYRIGHT VIOLATION WARNING: “ValuEngine Downgrades Bank of China Ltd. (BACHY) to Buy” was first published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was copied illegally and reposted in violation of US and international copyright laws. The correct version of this report can be accessed at https://www.americanbankingnews.com/2017/09/09/valuengine-downgrades-bank-of-china-ltd-bachy-to-buy.html.

About Bank of China

Bank of China Limited, together with its subsidiaries, provides a range of banking and related financial services in the People’s 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.

Receive News & Ratings for Bank of China Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of China Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.