Zacks Research upgraded shares of Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY – Free Report) to a hold rating in a research note released on Monday morning,Zacks reports.
Industrial & Commercial Bank of China Ltd. Stock Up 2.7%
Shares of OTCMKTS:IDCBY opened at $19.44 on Monday. The stock’s 50-day moving average is $19.21 and its 200-day moving average is $17.73. Industrial & Commercial Bank of China Ltd. has a 52-week low of $14.99 and a 52-week high of $20.00.
About Industrial & Commercial Bank of China Ltd.
Industrial & Commercial Bank of China Limited (OTCMKTS: IDCBY), commonly known as ICBC, is a China-based commercial bank headquartered in Beijing. Established in 1984, the bank provides financial services to corporations, government entities, financial institutions, small businesses and individual customers.
ICBC’s business includes corporate and personal deposits and lending, payment and settlement services, bank cards, trade finance, foreign-exchange services and wealth management.
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