Oversea-Chinese Banking Corporation Limited (OTCMKTS:OVCHY – Get Free Report)’s stock price gapped down before the market opened on Thursday. The stock had previously closed at $49.79, but opened at $45.00. Oversea-Chinese Banking shares last traded at $45.00, with a volume of 1,992 shares.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of Oversea-Chinese Banking from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.
Read Our Latest Analysis on OVCHY
Oversea-Chinese Banking Trading Up 0.3%
Oversea-Chinese Banking Company Profile
Oversea-Chinese Banking Corporation Limited (OCBC) is a Singapore-based financial services group that provides banking, wealth management and insurance services to individuals, businesses and institutions. Its principal activities include consumer banking, business banking, corporate banking, investment banking, treasury services and private banking.
The company offers deposit accounts, lending, payment and transaction services, cards, mortgages, investment products and advisory services.
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