Zacks Research upgraded shares of Oversea-Chinese Banking (OTCMKTS:OVCHY – Free Report) from a hold rating to a strong-buy rating in a report issued on Monday,Zacks reports.
Oversea-Chinese Banking Price Performance
OVCHY stock opened at $47.64 on Monday. The stock’s fifty day simple moving average is $48.95 and its two-hundred day simple moving average is $41.58. Oversea-Chinese Banking has a 1-year low of $24.89 and a 1-year high of $52.15.
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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