Hang Seng Bank (OTCMKTS:HSNGY) Raised to Hold at Zacks Research

Hang Seng Bank (OTCMKTS:HSNGYGet Free Report) was upgraded by equities researchers at Zacks Research to a “hold” rating in a report issued on Monday,Zacks.com reports.

Hang Seng Bank Stock Performance

Shares of HSNGY stock opened at $19.30 on Monday. Hang Seng Bank has a twelve month low of $11.76 and a twelve month high of $20.25. The stock’s fifty day simple moving average is $19.58 and its 200 day simple moving average is $17.58.

About Hang Seng Bank

(Get Free Report)

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.

Further Reading

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