BOC Hong Kong (OTCMKTS:BHKLY) Shares Gap Up – Still a Buy?

BOC Hong Kong Ltd. (OTCMKTS:BHKLY – Get Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $107.65, but opened at $111.5450. BOC Hong Kong shares last traded at $111.5450, with a volume of 287 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of BOC Hong Kong from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, BOC Hong Kong has an average rating of “Buy”.

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BOC Hong Kong Stock Performance

The firm has a 50 day moving average price of $118.06 and a 200-day moving average price of $110.69.

BOC Hong Kong Company Profile

(Get Free Report)

BOC Hong Kong (OTCMKTS: BHKLY) is a Hong Kong-based banking group that operates as the Hong Kong subsidiary of Bank of China. The group is a licensed bank and one of the territory’s note-issuing banks, participating in the issuance of Hong Kong dollar banknotes. It provides a broad range of banking and financial services to retail, corporate and institutional clients, positioning itself as a major participant in Hong Kong’s financial services sector.

BOC Hong Kong’s businesses include retail banking services such as deposit accounts, mortgages, personal loans and credit cards, together with wealth management and private banking solutions.

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