Shares of Bank of China Ltd. (OTCMKTS:BACHY – Get Free Report) saw strong trading volume on Tuesday . 53,741 shares were traded during mid-day trading, a decline of 1% from the previous session’s volume of 54,060 shares.The stock last traded at $17.36 and had previously closed at $17.13.
Analysts Set New Price Targets
Separately, Zacks Research upgraded Bank of China to a “hold” rating in a report on Thursday, April 23rd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Bank of China presently has an average rating of “Hold”.
View Our Latest Research Report on BACHY
Bank of China Stock Down 0.8%
About Bank of China
Bank of China (OTCMKTS: BACHY) is a major state-owned commercial bank headquartered in Beijing that provides a broad range of banking and financial services to corporate, institutional and retail clients. Founded in 1912, the bank has grown into one of China’s largest and longest-established banking institutions and is commonly grouped with the nation’s “Big Four” banks. Its core activities include deposit-taking, corporate and retail lending, trade finance, foreign exchange and treasury services, as well as cash management and payment services for domestic and cross-border clients.
In addition to traditional commercial banking, Bank of China offers investment banking and capital markets services, structured finance, asset management and wealth management solutions.
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