Hang Seng Bank (OTCMKTS:HSNGY – Get Free Report) was upgraded by investment analysts at Zacks Research to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.
Hang Seng Bank Stock Performance
OTCMKTS:HSNGY opened at $19.30 on Monday. The firm’s fifty day simple moving average is $19.58 and its 200 day simple moving average is $17.58. Hang Seng Bank has a twelve month low of $11.76 and a twelve month high of $20.25.
About Hang Seng Bank
Hang Seng Bank is a Hong Kong-based banking group that provides a broad range of financial services to retail, commercial and institutional customers. Founded in 1933, the bank has grown into one of the region’s prominent lenders and is majority-owned by the HSBC Group. Hang Seng offers traditional banking functions alongside specialized services tailored to personal and corporate clients.
Core businesses include retail banking and wealth management, commercial and corporate banking, private banking, and treasury and markets.
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