The Goldman Sachs Group Upgrades Banco Comercial Portugues (OTCMKTS:BPCGY) to Hold

Banco Comercial Portugues (OTCMKTS:BPCGY) was upgraded by stock analysts at The Goldman Sachs Group to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Banco Comercial Portugues Stock Performance

Banco Comercial Portugues stock opened at $8.40 on Wednesday. Banco Comercial Portugues has a 52 week low of $4.35 and a 52 week high of $9.13. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.60. The stock has a 50-day simple moving average of $8.17 and a 200 day simple moving average of $7.26.

About Banco Comercial Portugues

Banco Comercial Português, SA, a private sector bank, engages in the provision of various banking and financial products and services in Portugal and internationally. It operates through Retail Banking; Companies, Corporate & Investment Banking; Private Banking; Foreign Business; and Other segments.