Australia & New Zealand Banking Group Ltd. (ANZBY) Downgraded by Zacks Investment Research

Zacks Investment Research downgraded shares of Australia & New Zealand Banking Group Ltd. (OTCMKTS:ANZBY) from a buy rating to a hold rating in a report published on Monday, October 16th.

According to Zacks, “Austria and New Zealand Banking’s principal activities are the provision of general banking services, hire purchase and general finance, life assurance, property development, mortgage lending and other financial services. The Group operates within Australia, New Zealand, Europe, Asia, the Americas and the Middle East. “

Shares of Australia & New Zealand Banking Group (OTCMKTS ANZBY) opened at 23.145 on Monday. Australia & New Zealand Banking Group has a 1-year low of $20.15 and a 1-year high of $24.85. The firm has a market capitalization of $67.27 billion, a PE ratio of 14.639 and a beta of 1.29. The firm has a 50-day moving average of $23.65 and a 200-day moving average of $22.91.

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Australia & New Zealand Banking Group Company Profile

Australia and New Zealand Banking Group Limited provides a range of banking and financial products and services. The Company’s segments include Australia; New Zealand; Institutional; Asia Retail & Pacific; Wealth Australia, and Technology, Services and Operations (TSO) and Group Centre. The Company’s operations span Australia, New Zealand, and a number of countries in the Asia Pacific region, the United Kingdom, France, Germany and the United States.

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