PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY) Upgraded by Zacks Research to Hold Rating

PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRYGet Free Report) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday, Zacks reports.

PT Bank Negara Indonesia (Persero) Tbk Price Performance

PTBRY stock opened at $10.70 on Monday. The business has a 50-day simple moving average of $9.82 and a 200 day simple moving average of $10.97. PT Bank Negara Indonesia has a 52 week low of $8.38 and a 52 week high of $15.49.

About PT Bank Negara Indonesia (Persero) Tbk

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PT Bank Negara Indonesia (Persero) Tbk, commonly known as BNI, is one of Indonesia’s oldest and largest state-owned commercial banks. Established in 1946 shortly after the country’s independence, BNI was originally tasked with financing the fledgling republic’s economic development. Over the decades, it has grown into a diversified financial institution offering an array of banking services for retail, small and medium-sized enterprises (SMEs), corporates and institutional clients.

BNI’s core business activities encompass corporate and commercial banking, consumer and retail lending, trade finance, treasury and cash management, as well as wealth management products.

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