Hang Seng Bank Ltd. (HSNGY) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Hang Seng Bank Ltd. (NASDAQ:HSNGY) from a sell rating to a hold rating in a research report released on Wednesday morning.

According to Zacks, “HANG SENG BANK is a world-class financial institution and one of Hong Kong’s largest listed companies in terms of market capitalisation. In keeping with our name, which means ever-growing in Chinese, we are growing alongside our customers. “

Hang Seng Bank (NASDAQ:HSNGY) opened at 18.15 on Wednesday. The stock’s 50 day moving average price is $17.75 and its 200 day moving average price is $17.52. Hang Seng Bank has a 12 month low of $15.58 and a 12 month high of $19.19. The company has a market capitalization of $34.70 billion and a price-to-earnings ratio of 17.78.

Hang Seng Bank Company Profile

Hang Seng Bank Limited (the Bank) is engaged in the provision of banking and related financial services. The Bank operates through four segments: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Other. Retail Banking and Wealth Management segment offers a range of products and services to meet the personal banking, consumer lending and wealth management needs of individual customers.

5 Day Chart for NASDAQ:HSNGY

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