Bank of China’s (BACHY) Neutral Rating Reaffirmed at Bank of America

Bank of America restated their neutral rating on shares of Bank of China (OTCMKTS:BACHY) in a report released on Thursday, MarketBeat Ratings reports.

Separately, The Goldman Sachs Group raised shares of Bank of China from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th.

Bank of China Trading Up 0.3 %

OTCMKTS:BACHY opened at $14.77 on Thursday. The firm has a market capitalization of $173.92 billion, a price-to-earnings ratio of 5.79 and a beta of 0.18. Bank of China has a 1-year low of $10.10 and a 1-year high of $15.43. The business’s 50-day moving average price is $13.83 and its two-hundred day moving average price is $12.61.

About Bank of China

Bank of China Limited, together with its subsidiaries, provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other.