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.

“The Bank of East Asia Ltd. (BKEAY) Receives Average Rating of “Sell” from Brokerages” was first reported by Daily Political and is the property of of Daily Political. If you are reading this piece on another publication, it was stolen and reposted in violation of US and international trademark and copyright law. The original version of this piece can be viewed at http://www.dailypolitical.com/2017/02/16/the-bank-of-east-asia-ltd-bkeay-receives-average-rating-of-sell-from-brokerages.html.

The Bank of East Asia Company Profile

5 Day Chart for NASDAQ:BKEAY

Get a free copy of the Zacks research report on The Bank of East Asia (BKEAY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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