JAPAN POST BANK (OTCMKTS:JPPTY – Get Free Report) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.
JAPAN POST BANK Stock Up 0.7%
OTCMKTS JPPTY opened at $19.72 on Monday. JAPAN POST BANK has a 1-year low of $9.46 and a 1-year high of $22.79. The firm’s fifty day simple moving average is $19.83 and its 200-day simple moving average is $18.49.
JAPAN POST BANK Company Profile
Japan Post Bank Co, Ltd. is one of Japan’s largest retail banks, operating as a subsidiary of Japan Post Holdings. Leveraging the extensive network of post office branches across Japan, the bank provides a full suite of deposit and payment services designed to meet the needs of individual consumers, small- and medium-sized enterprises, and public sector clients. Its broad branch footprint enables convenient access to banking services even in rural areas, underpinning a strong domestic deposit base.
The bank’s core offerings include savings and time deposit accounts, domestic and international remittance services, and foreign currency deposit products.
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