China Minsheng (OTCMKTS:CMAKY – Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $4.41, but opened at $4.95. China Minsheng shares last traded at $4.88, with a volume of 1,151 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of China Minsheng from a “hold” rating to a “strong-buy” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company has an average rating of “Strong Buy”.
Check Out Our Latest Report on China Minsheng
China Minsheng Stock Down 1.7%
About China Minsheng
China Minsheng Banking Corp., Ltd. (OTCMKTS: CMAKY) is a commercial bank that provides a broad range of banking and financial services to corporate and individual customers in the People’s Republic of China. The bank’s product suite encompasses corporate lending, small- and medium-sized enterprise (SME) finance, retail banking products such as deposits and consumer loans, as well as trade finance and cash-management services for businesses.
In addition to traditional lending and deposit-taking, China Minsheng offers treasury and capital markets services, wealth management and private banking solutions, and asset-management products.
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