Bank of Queensland (OTCMKTS:BKQNY) Trading 2.9% Higher – Should You Buy?

Bank of Queensland Limited (OTCMKTS:BKQNYGet Free Report)’s stock price shot up 2.9% during trading on Friday . The company traded as high as $8.4650 and last traded at $8.4650. 695 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 1,107 shares. The stock had previously closed at $8.2250.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group began coverage on Bank of Queensland in a research report on Thursday, October 9th. They issued a “sell” rating and a $6.79 price target for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell” and a consensus target price of $6.79.

View Our Latest Research Report on BKQNY

Bank of Queensland Stock Up 2.9%

The company’s fifty day moving average price is $8.80 and its 200-day moving average price is $9.64.

Bank of Queensland Company Profile

(Get Free Report)

Bank of Queensland Limited, together with its subsidiaries, provides various financial services in Australia and New Zealand. The company operates in Retail Banking, BOQ Business, and Other segments. It offers personal banking services comprises savings and term deposits, and transactional accounts; debit and credit cards; home, personal, and car loans; and travel, home and content, landlord, and car insurance, as well as investment services comprising online share trading services, and self-managed superannuation funds.

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