Bank of Queensland (OTCMKTS:BKQNY) Shares Up 2.9% – Here’s What Happened

Bank of Queensland Limited (OTCMKTS:BKQNY)’s stock price rose 2.9% during trading on Friday . The stock traded as high as $8.4650 and last traded at $8.4650. Approximately 695 shares traded hands during trading, a decline of 37% from the average daily volume of 1,107 shares. The stock had previously closed at $8.2250.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group began coverage on shares of Bank of Queensland in a research report on Thursday, October 9th. They issued a “sell” rating and a $6.79 price target on the stock. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell” and a consensus target price of $6.79.

Bank of Queensland Stock Performance

The firm has a 50 day simple moving average of $8.80 and a two-hundred day simple moving average of $9.63.

About Bank of Queensland

Bank of Queensland Limited, together with its subsidiaries, provides various financial services in Australia and New Zealand. The company operates in Retail Banking, BOQ Business, and Other segments. It offers personal banking services comprises savings and term deposits, and transactional accounts; debit and credit cards; home, personal, and car loans; and travel, home and content, landlord, and car insurance, as well as investment services comprising online share trading services, and self-managed superannuation funds.