Hang Seng Bank Limited (OTCMKTS:HSNGY - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $12.99 and traded as high as $14.10. Hang Seng Bank shares last traded at $13.91, with a volume of 17,883 shares trading hands.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group raised Hang Seng Bank from a "strong sell" rating to a "hold" rating in a research note on Wednesday, February 19th.
Read Our Latest Research Report on Hang Seng Bank
Hang Seng Bank Price Performance
The business has a 50 day simple moving average of $13.07 and a two-hundred day simple moving average of $12.46.
Hang Seng Bank Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, April 7th. Investors of record on Wednesday, March 5th will be paid a $0.4115 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This is an increase from Hang Seng Bank's previous dividend of $0.14.
Hang Seng Bank Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Hang Seng Bank, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hang Seng Bank wasn't on the list.
While Hang Seng Bank currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
