The Bank of East Asia Ltd. (BKEAY) Receives Average Rating of “Sell” from Brokerages
Shares of The Bank of East Asia Ltd. (NASDAQ:BKEAY) have been given an average broker rating score of 4.00 (Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell recommendation.
Brokers have set a one year consensus price target of $2.66 for the company, according to Zacks. Zacks has also given The Bank of East Asia an industry rank of 90 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded The Bank of East Asia from a “hold” rating to a “buy” rating and set a $4.25 price objective for the company in a research note on Thursday, January 5th.
The Bank of East Asia (NASDAQ:BKEAY) opened at 4.37 on Tuesday. The stock’s 50 day moving average price is $4.09 and its 200-day moving average price is $4.09. The stock has a market cap of $11.72 billion and a price-to-earnings ratio of 24.69. The Bank of East Asia has a 12 month low of $2.95 and a 12 month high of $4.39.
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The Bank of East Asia Company Profile
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