Hang Seng Bank Ltd. (HSNGY) Lifted to “Hold” at Zacks Investment Research

Hang Seng Bank Ltd. (NASDAQ:HSNGY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Monday.

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) traded down 0.35% on Monday, hitting $19.91. The stock had a trading volume of 400 shares. Hang Seng Bank has a 52-week low of $16.44 and a 52-week high of $21.09. The company has a market cap of $38.06 billion and a P/E ratio of 18.62. The stock’s 50-day moving average is $20.46 and its 200-day moving average is $19.06.

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Hang Seng Bank Company Profile

Hang Seng Bank Limited (the Bank) is engaged in retail banking and wealth management, commercial banking, global banking and markets, and private banking. The Bank also offers a range of renminbi services. The Bank’s segments include Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets, and Other.

5 Day Chart for NASDAQ:HSNGY

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