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

PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY) was upgraded by equities research 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. PT Bank Negara Indonesia has a one year low of $8.38 and a one year high of $15.49. The company has a 50 day moving average price of $9.82 and a two-hundred day moving average price of $10.97.

About PT Bank Negara Indonesia (Persero) Tbk

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.