PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY) Downgraded to “Strong Sell” Rating by Zacks Research

PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY – Get Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Monday,Zacks.com reports.

PT Bank Negara Indonesia (Persero) Tbk Trading Up 11.5%

OTCMKTS PTBRY opened at $10.09 on Monday. The business’s 50-day moving average price is $10.45 and its two-hundred day moving average price is $11.97. PT Bank Negara Indonesia has a 12 month low of $8.38 and a 12 month high of $15.49.

About PT Bank Negara Indonesia (Persero) Tbk

(Get Free Report)

PT Bank Negara Indonesia (Persero) Tbk, commonly known as BNI, is one of Indonesia’s oldest and largest state-owned commercial banks. Established in 1946 shortly after the country’s independence, BNI was originally tasked with financing the fledgling republic’s economic development. Over the decades, it has grown into a diversified financial institution offering an array of banking services for retail, small and medium-sized enterprises (SMEs), corporates and institutional clients.

BNI’s core business activities encompass corporate and commercial banking, consumer and retail lending, trade finance, treasury and cash management, as well as wealth management products.

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