ANZ (OTCMKTS:ANZBY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Tuesday.
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 OTCMKTS:ANZBY traded down $0.05 during trading hours on Tuesday, reaching $18.15. The stock had a trading volume of 131,825 shares, compared to its average volume of 101,742. ANZ has a 1 year low of $17.39 and a 1 year high of $23.38. The company has a market cap of $53.59 billion, a PE ratio of 10.49, a P/E/G ratio of 1.01 and a beta of 1.26.
Australia and New Zealand Banking Group Limited, together with its subsidiaries, provides various banking and financial products and services to individual and business customers. The company's Australia division offers retail products and services to consumer and private banking customers in Australia through the branch network, mortgage specialists, the contact center, and various self-service channels, such as Internet banking, phone banking, ATMs, Website, and digital banking; and corporate and commercial banking services comprising financial solutions through dedicated managers focusing on privately owned small, medium, and large enterprises, as well as the agricultural business segment.
Further Reading: Marijuana Stocks Investing Considerations
Get a free copy of the Zacks research report on ANZ (ANZBY)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for ANZ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ANZ and related companies with MarketBeat.com's FREE daily email newsletter.