Zacks Research upgraded shares of Concordia Financial Group (OTCMKTS:CRDIY – Free Report) from a hold rating to a strong-buy rating in a report released on Wednesday,Zacks.com reports.
Concordia Financial Group Trading Up 1.4%
OTCMKTS:CRDIY opened at $34.01 on Wednesday. Concordia Financial Group has a one year low of $18.50 and a one year high of $39.91. The company has a fifty day moving average price of $31.84 and a 200 day moving average price of $29.35.
About Concordia Financial Group
Concordia Financial Group, Inc is a regional financial holding company headquartered in Japan’s Kanto region. Established in March 2015 through the merger of two regional banks, the company provides banking and financial services under its principal operating subsidiaries, The Joyo Bank, Ltd. and Ibaraki Bank, Ltd. As a bank holding company, Concordia Financial Group oversees strategic planning, risk management and corporate governance for its banking operations.
The group’s core business activities encompass deposit-taking, lending, foreign exchange, trade finance and cash management services for both individual and corporate clients.
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