JPMorgan Chase & Co. upgraded shares of Krung Thai Bank Public (OTCMKTS:KTHAF – Get Rating) from a neutral rating to an overweight rating in a research note issued to investors on Tuesday morning, The Fly reports.
Other research analysts have also recently issued reports about the company. The Goldman Sachs Group initiated coverage on Krung Thai Bank Public in a report on Tuesday, May 2nd. They issued a neutral rating on the stock. HSBC upgraded Krung Thai Bank Public from a hold rating to a buy rating in a report on Thursday, January 26th.
Krung Thai Bank Public Stock Performance
Shares of Krung Thai Bank Public stock opened at $0.54 on Tuesday. Krung Thai Bank Public has a 1-year low of $0.45 and a 1-year high of $0.58. The stock’s 50 day simple moving average is $0.49 and its 200-day simple moving average is $0.40.
About Krung Thai Bank Public
Krung Thai Bank Public Company Limited provides various commercial banking products and services. The company operates through three segments: Retail Banking, Wholesale Banking, and Treasury and Investment. It provides various retail banking products and services, including current, savings, and fixed deposit accounts; time and foreign currency deposits; personal and housing loans; debit, travel, cash and top up, and credit cards; investment services; travel, motor, and home asset insurance products; money transfer, payment and top up, foreign exchange, and overseas education services; and e-banking services.
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