Bank of East Asia (OTCMKTS:BKEAY) Rating Increased to Hold at Zacks Research

Bank of East Asia (OTCMKTS:BKEAY) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Bank of East Asia Stock Performance

BKEAY opened at $1.99 on Wednesday. Bank of East Asia has a 52 week low of $1.13 and a 52 week high of $1.99. The business has a 50 day moving average of $1.78 and a 200-day moving average of $1.66.

Bank of East Asia Company Profile

Bank of East Asia, Limited is a Hong Kong–based commercial bank established in 1918. As one of the territory’s largest independently owned banks, it provides a comprehensive range of financial services to retail, corporate and institutional clients. The institution operates through a network of branches and digital channels designed to support both individual consumers and businesses of varying sizes.

The bank’s core offerings include personal banking services such as deposit accounts, consumer and mortgage lending, credit cards and wealth management solutions.