Bank of Queensland (OTCMKTS:BKQNY) Stock Price Up 1.6% – What’s Next?

Bank of Queensland Limited (OTCMKTS:BKQNYGet Free Report) rose 1.6% on Friday . The company traded as high as $8.60 and last traded at $8.60. Approximately 200 shares were traded during trading, a decline of 81% from the average daily volume of 1,067 shares. The stock had previously closed at $8.4650.

Analyst Ratings Changes

Separately, The Goldman Sachs Group initiated coverage on Bank of Queensland in a research note on Thursday, October 9th. They set a “sell” rating and a $6.79 price target on the stock. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell” and an average target price of $6.79.

Read Our Latest Research Report on Bank of Queensland

Bank of Queensland Trading Up 1.6%

The firm has a 50-day simple moving average of $8.56 and a 200-day simple moving average of $9.49.

Bank of Queensland Company Profile

(Get Free Report)

Bank of Queensland Limited (OTCMKTS:BKQNY), commonly known as BOQ, is an Australian retail bank offering a broad range of personal, business and corporate banking services. Its core product suite includes home and personal lending, transactional and savings accounts, credit cards, and term deposits. Beyond traditional banking, BOQ provides wealth management and financial planning services, agribusiness and specialist lending, equipment finance solutions, and a variety of insurance products through subsidiary and partner channels.

Founded in 1874 as the Brisbane Permanent Benefit Building and Investment Society, the institution converted to a full commercial bank and adopted its current name in 1970.

Further Reading

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