Oversea-Chinese Banking Corporation Limited (OTCMKTS:OVCHY – Get Free Report) shares gapped down prior to trading on Thursday. The stock had previously closed at $49.79, but opened at $45.00. Oversea-Chinese Banking shares last traded at $45.00, with a volume of 1,992 shares trading hands.
Analyst Ratings Changes
Separately, Zacks Research raised shares of Oversea-Chinese Banking from a “hold” rating to a “strong-buy” rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Strong Buy”.
Check Out Our Latest Report on Oversea-Chinese Banking
Oversea-Chinese Banking Stock Performance
Oversea-Chinese Banking Company Profile
Oversea-Chinese Banking Corporation Limited (OCBC) is a Singapore-based financial services group that provides banking, wealth management and insurance services to individuals, businesses and institutions. Its principal activities include consumer banking, business banking, corporate banking, investment banking, treasury services and private banking.
The company offers deposit accounts, lending, payment and transaction services, cards, mortgages, investment products and advisory services.
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