Bank of China's (BACHY) Neutral Rating Reiterated at Bank of America

Bank of China (OTCMKTS:BACHY - Get Free Report)'s stock had its "neutral" rating restated by analysts at Bank of America in a report released on Thursday, Marketbeat reports.

Separately, The Goldman Sachs Group upgraded shares of Bank of China from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th.

Bank of China Stock Performance

Shares of OTCMKTS BACHY traded down $0.10 during trading hours on Thursday, hitting $14.67. 13,978 shares of the stock were exchanged, compared to its average volume of 31,176. The company's fifty day simple moving average is $13.87 and its two-hundred day simple moving average is $12.67. The company has a market cap of $172.75 billion, a PE ratio of 5.75 and a beta of 0.18. Bank of China has a 1-year low of $10.14 and a 1-year high of $15.43.

Bank of China (OTCMKTS:BACHY - Get Free Report) last issued its earnings results on Wednesday, March 26th. The bank reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.07. Bank of China had a return on equity of 7.81% and a net margin of 17.35%. The firm had revenue of $17.82 billion for the quarter, compared to the consensus estimate of $130.61 billion.

About Bank of China

Bank of China Limited, together with its subsidiaries, provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other.