Jefferies analyst Sam Wong maintained a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research Report) on December 21 and set a price target of HK$27.00. The company’s shares closed last Thursday at $2.58.
Wong covers the Financial sector, focusing on stocks such as Ping An Insurance Company of China, Bank of East Asia, and BOC Hong Kong (Holdings). According to TipRanks, Wong has an average return of -12.9% and a 13.04% success rate on recommended stocks.
Currently, the analyst consensus on BOC Hong Kong (Holdings) is a Strong Buy with an average price target of $3.49.
See the top stocks recommended by analysts >>
The company has a one-year high of $3.30 and a one-year low of $2.54. Currently, BOC Hong Kong (Holdings) has an average volume of 39.42K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
BOC Hong Kong (Holdings) (BNKHF) Company Description:
BOC Hong Kong (Holdings) Ltd. is an investment holding company, which engages in the provision of banking and related financial services. It operates through the following segments: Personal Banking, Corporate Banking, Treasury, Insurance, and Others. The Personal Banking and Corporate Banking segments provide offers general banking services, including various deposit products, overdrafts, loans, credit cards, trade related products and other credit facilities, investment and insurance products, and foreign currency and derivative products. The Treasury segment manages the funding and liquidity, and the interest rate and foreign exchange positions of the group in addition to proprietary trades. The Insurance segment focuses on long-term life insurance products, including traditional and investment-linked individual life insurance and group life insurance products. The Others segment relates to the firm’s holdings of premises, investment properties, equity investments and interests inassociates and joint ventures. The company was founded on September 12, 2001 and is headquartered in Hong Kong.
