Australia & New Zealand Banking Group Ltd. (ANZBY) Downgraded by Zacks Investment Research to “Sell”
Australia & New Zealand Banking Group Ltd. (OTCMKTS:ANZBY) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a report issued on Wednesday.
According to Zacks, “Austria and New Zealand Banking’s principal activities are the provision of general banking services, hire purchase and general finance, life assurance, property development, mortgage lending and other financial services. The Group operates within Australia, New Zealand, Europe, Asia, the Americas and the Middle East. “
Australia & New Zealand Banking Group (OTCMKTS:ANZBY) traded up 1.74% during midday trading on Wednesday, reaching $21.34. 22,299 shares of the company traded hands. The company has a market cap of $61.77 billion, a price-to-earnings ratio of 12.76 and a beta of 1.64. The company has a 50-day moving average price of $20.28 and a 200-day moving average price of $18.82. Australia & New Zealand Banking Group has a 12-month low of $15.63 and a 12-month high of $21.34.
Australia & New Zealand Banking Group Company Profile
Australia and New Zealand Banking Group Limited (ANZ) provides a range of banking and financial products and services to retail, small business, corporate and institutional clients. The Company conducts its operations in Australia, New Zealand and the Asia Pacific region. The Company has 1,220 branches and other points of representation excluding Automatic Teller Machines (ATMs).
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