Goldman Sachs Group upgraded shares of ANZ (OTCMKTS:ANZBY) from a neutral rating to a buy rating in a research note released on Sunday morning, The Fly reports.
Other equities analysts also recently issued research reports about the company. Zacks Investment Research raised ANZ from a sell rating to a hold rating in a research report on Thursday, March 5th. Jefferies Financial Group upgraded ANZ from an underperform rating to a hold rating in a report on Tuesday, March 17th. Credit Suisse Group upgraded ANZ from an underperform rating to a neutral rating in a report on Monday, February 3rd. Finally, ValuEngine upgraded ANZ from a sell rating to a hold rating in a report on Friday, November 29th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. ANZ presently has a consensus rating of Hold.
Shares of OTCMKTS ANZBY opened at $10.10 on Friday. The business’s 50 day moving average price is $15.00 and its two-hundred day moving average price is $17.12. The company has a market cap of $23.37 billion, a PE ratio of 5.10, a price-to-earnings-growth ratio of 1.65 and a beta of 1.00. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 2.13. ANZ has a twelve month low of $7.98 and a twelve month high of $20.08.
ANZ Company Profile
Australia and New Zealand Banking Group Limited provides various banking and financial products and services. The company's Australia division offers retail products and services to consumers through the branch network, mortgage specialists, contact centers, and third party brokers, as well as self-service channels, such as Internet banking, phone banking, ATMs, Website, and digital banking; and banking products and financial services, including asset financing to medium to large commercial customers, agribusiness customers, small business owners, high net worth individuals, and family groups.
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