JAPAN POST BANK (OTCMKTS:JPPTY) Shares Gap Up – Still a Buy?

JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTY – Get Free Report)’s stock price gapped up prior to trading on Friday. The stock had previously closed at $20.29, but opened at $21.20. JAPAN POST BANK shares last traded at $21.1230, with a volume of 1,622 shares changing hands.

Analysts Set New Price Targets

Separately, Zacks Research raised JAPAN POST BANK from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, JAPAN POST BANK presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Report on JAPAN POST BANK

JAPAN POST BANK Price Performance

The stock’s 50 day moving average is $20.48 and its two-hundred day moving average is $19.06.

About JAPAN POST BANK

(Get Free Report)

Japan Post Bank Co, Ltd. is a Japanese financial institution that provides banking and savings services to individuals, businesses and public-sector customers. Its offerings include ordinary and time deposits, domestic and international fund transfers, payments, foreign-exchange services, investment trusts and other asset-management products.

The bank operates through its own banking channels and an extensive network of Japan Post offices across Japan, giving it a broad presence in urban, regional and rural communities.

Further Reading

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