Sumitomo Mitsui Trust (OTCMKTS:SUTNY) Upgraded to Hold at Zacks Research

Sumitomo Mitsui Trust (OTCMKTS:SUTNY) was upgraded by analysts at Zacks Research to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

Sumitomo Mitsui Trust Trading Up 0.4%

Sumitomo Mitsui Trust stock opened at $6.93 on Wednesday. The firm has a 50-day moving average of $6.77 and a 200-day moving average of $6.24. Sumitomo Mitsui Trust has a 1-year low of $4.55 and a 1-year high of $7.78.

Sumitomo Mitsui Trust Company Profile

Sumitomo Mitsui Trust Holdings, Inc, known internationally under the ticker OTCMKTS:SUTNY, is Japan’s largest trust banking group, offering a broad array of fiduciary and financial services. Headquartered in Tokyo, the company operates through a network of domestic branches and overseas offices in Asia, Europe and North America to serve institutional investors, corporates and private clients.

The group’s core activities span trust banking, asset management, real estate services and wholesale banking.