Bank of East Asia (BKEAY) Upgraded to Neutral by Goldman Sachs Group

Bank of East Asia (OTCMKTS:BKEAY) was upgraded by equities research analysts at Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research note issued on Tuesday, The Fly reports.

A number of other equities research analysts have also issued reports on the company. ValuEngine lowered Bank of East Asia from a “hold” rating to a “sell” rating in a research report on Monday, July 2nd. Zacks Investment Research lowered 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. Bank of East Asia has a one year low of $3.61 and a one year high of $4.61. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.95 and a current ratio of 0.95. The firm has a market capitalization of $10.30 billion, a PE ratio of 13.37, a PEG ratio of 0.86 and a beta of 1.27.

Bank of East Asia Company Profile

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.

Further Reading: What are the Different Types of Leveraged Buyouts?

The Fly

Receive News & Ratings for Bank of East Asia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of East Asia and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply