Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY) Stock Rating Raised to “Hold” at Zacks Research

Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY – Get Free Report) was upgraded by stock analysts at Zacks Research to a “hold” rating in a report released on Monday, Zacks reports.

Industrial & Commercial Bank of China Ltd. Price Performance

Industrial & Commercial Bank of China Ltd. stock opened at $19.44 on Monday. Industrial & Commercial Bank of China Ltd. has a fifty-two week low of $14.99 and a fifty-two week high of $20.00. The firm has a fifty day moving average price of $19.21 and a two-hundred day moving average price of $17.73.

About Industrial & Commercial Bank of China Ltd.

(Get Free Report)

Industrial & Commercial Bank of China Limited (OTCMKTS: IDCBY), commonly known as ICBC, is a China-based commercial bank headquartered in Beijing. Established in 1984, the bank provides financial services to corporations, government entities, financial institutions, small businesses and individual customers.

ICBC’s business includes corporate and personal deposits and lending, payment and settlement services, bank cards, trade finance, foreign-exchange services and wealth management.

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