Hang Seng Bank (OTCMKTS:HSNGY) Upgraded at The Goldman Sachs Group

Hang Seng Bank (OTCMKTS:HSNGY) was upgraded by equities researchers at The Goldman Sachs Group from a “strong sell” rating to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

Hang Seng Bank Stock Performance

Shares of HSNGY opened at $13.63 on Wednesday. Hang Seng Bank has a 12 month low of $10.70 and a 12 month high of $14.81. The firm has a fifty day simple moving average of $12.35 and a 200 day simple moving average of $12.16.

Hang Seng Bank Company Profile

Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.