Bank of East Asia (BKEAY) Upgraded to Neutral by Goldman Sachs Group
Bank of East Asia (OTCMKTS:BKEAY) was upgraded by analysts at Goldman Sachs Group from a “sell” rating to a “neutral” rating in a report issued on Tuesday, The Fly reports.
Several other equities analysts have also recently weighed in on BKEAY. ValuEngine cut Bank of East Asia from a “hold” rating to a “sell” rating in a research report on Monday, July 2nd. Zacks Investment Research cut Bank of East Asia from a “buy” rating to a “hold” rating in a research report on Tuesday, April 24th.
BKEAY opened at $3.61 on Tuesday. The stock has a market cap of $10.30 billion, a PE ratio of 13.37, a P/E/G ratio of 0.86 and a beta of 1.27. Bank of East Asia has a 52-week low of $3.61 and a 52-week high of $4.61. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.01.
The Bank of East Asia, Limited provides various banking and related financial services. It operates through nine segments: Personal Banking, Corporate Banking, Treasury Markets, Wealth Management, Financial Institutions, Others, China Operations, Overseas Operations, and Corporate Services. The company offers various commercial and personal banking, financial, and insurance services.
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