JAPAN POST BANK (OTCMKTS:JPPTY) Shares Up 8.1% – Still a Buy?

Shares of JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTYGet Free Report) rose 8.1% on Monday . The company traded as high as $19.7425 and last traded at $19.7425. Approximately 1,043 shares traded hands during trading, a decline of 100% from the average daily volume of 209,610 shares. The stock had previously closed at $18.27.

Analyst Upgrades and Downgrades

A number of analysts recently commented on JPPTY shares. Zacks Research upgraded shares of JAPAN POST BANK to a “hold” rating in a research note on Wednesday, April 8th. The Goldman Sachs Group raised shares of JAPAN POST BANK to a “buy” rating in a report on Monday, January 26th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, JAPAN POST BANK has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on JAPAN POST BANK

JAPAN POST BANK Price Performance

The stock has a 50-day moving average of $17.05 and a 200 day moving average of $15.33.

About JAPAN POST BANK

(Get Free Report)

Japan Post Bank Co, Ltd. is one of Japan’s largest retail banks, operating as a subsidiary of Japan Post Holdings. Leveraging the extensive network of post office branches across Japan, the bank provides a full suite of deposit and payment services designed to meet the needs of individual consumers, small- and medium-sized enterprises, and public sector clients. Its broad branch footprint enables convenient access to banking services even in rural areas, underpinning a strong domestic deposit base.

The bank’s core offerings include savings and time deposit accounts, domestic and international remittance services, and foreign currency deposit products.

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