The Goldman Sachs Group Upgrades The Siam Commercial Bank Public (OTCMKTS:SMUUY) to Buy


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The Siam Commercial Bank Public (OTCMKTS:SMUUY) was upgraded by equities researchers at The Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research report issued on Thursday, The Fly reports.

Separately, JPMorgan Chase & Co. upgraded The Siam Commercial Bank Public from a “neutral” rating to an “overweight” rating in a research report on Monday, December 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold”.

OTCMKTS SMUUY opened at $12.44 on Thursday. The Siam Commercial Bank Public has a twelve month low of $6.41 and a twelve month high of $15.49. The stock’s 50 day moving average is $11.82 and its 200 day moving average is $9.71.

The Siam Commercial Bank Public Company Profile

The Siam Commercial Bank Public Company Limited provides various financial products and services. It operates in four segments: Corporate, SME, Retail, and Insurance. The company offers deposit products, such as savings, current, fixed deposit, long term deposit, foreign currency, and E passbook deposit accounts; home, car, personal, and mortgage loans; debit and credit cards; investment products comprising mutual funds, debentures, bonds, and treasury bills; accident, savings, health expense, cancer, heritage and life protection, income protection, travel, motor, loan protection, property, unit linked, and other insurance products; and various payment services.

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Analyst Recommendations for The Siam Commercial Bank Public (OTCMKTS:SMUUY)

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