Industrial & Cmrcl Bnk f China Ltd (IDCBY) Receives Consensus Rating of “Strong Buy” from Brokerages

Shares of Industrial & Cmrcl Bnk f China Ltd (NASDAQ:IDCBY) have earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Zacks has also assigned Industrial & Cmrcl Bnk f China an industry rank of 101 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research upgraded Industrial & Cmrcl Bnk f China from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a report on Tuesday, May 23rd.

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Industrial & Cmrcl Bnk f China (NASDAQ:IDCBY) opened at 13.31 on Tuesday. Industrial & Cmrcl Bnk f China has a 1-year low of $10.39 and a 1-year high of $13.87. The stock has a market cap of $240.17 billion and a PE ratio of 5.89. The stock has a 50 day moving average price of $13.21 and a 200-day moving average price of $12.74.

About Industrial & Cmrcl Bnk f China

INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED is principally involved in the provision of banking and related financial services. The Bank mainly operates in corporate banking, personal banking and treasury businesses. Its corporate banking business provides loan, trade financing, deposit, corporate finance, custody and other related financial products and services to enterprises, government agencies and financial institutions.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:IDCBY”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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