Zacks Research upgraded shares of Oversea-Chinese Banking (OTCMKTS:OVCHY – Free Report) from a hold rating to a strong-buy rating in a research note released on Monday,Zacks reports.
Oversea-Chinese Banking Price Performance
Shares of Oversea-Chinese Banking stock opened at $49.79 on Monday. Oversea-Chinese Banking has a 1 year low of $24.89 and a 1 year high of $52.15. The stock has a 50-day moving average price of $48.91 and a 200 day moving average price of $41.48.
Oversea-Chinese Banking Company Profile
Oversea-Chinese Banking Corporation Limited (OCBC) is a Singapore-based financial services group that provides banking, wealth management and insurance services to individuals, businesses and institutions. Its principal activities include consumer banking, business banking, corporate banking, investment banking, treasury services and private banking.
The company offers deposit accounts, lending, payment and transaction services, cards, mortgages, investment products and advisory services.
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