Australia and New Zealand Banking Group Limited (OTCMKTS:ANZBY) Receives Average Rating of “Hold” from Analysts

Shares of Australia and New Zealand Banking Group Limited (OTCMKTS:ANZBYGet Rating) have received an average rating of “Hold” from the six analysts that are covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

A number of equities research analysts recently commented on the company. Zacks Investment Research lowered Australia and New Zealand Banking Group from a “buy” rating to a “hold” rating in a research report on Tuesday, April 26th. Credit Suisse Group raised Australia and New Zealand Banking Group from a “neutral” rating to an “outperform” rating in a research report on Monday, February 7th. The Goldman Sachs Group lowered Australia and New Zealand Banking Group from a “buy” rating to a “neutral” rating in a research report on Wednesday. Jefferies Financial Group lowered Australia and New Zealand Banking Group from a “buy” rating to a “hold” rating in a research report on Monday, February 7th. Finally, JPMorgan Chase & Co. raised Australia and New Zealand Banking Group from a “neutral” rating to an “overweight” rating in a research report on Friday, January 21st.

Shares of OTCMKTS:ANZBY opened at $19.38 on Wednesday. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.59. Australia and New Zealand Banking Group has a twelve month low of $18.04 and a twelve month high of $22.69. The stock’s 50 day moving average is $19.95 and its 200-day moving average is $20.06.

Australia and New Zealand Banking Group Company Profile (Get Rating)

Australia and New Zealand Banking Group Limited provides various banking and financial products and services in Australia and internationally. Its Australia Retail and Commercial division offers various products and services to consumer customers through the branch network, mortgage specialists, contact centers, self-service channels, and third-party brokers, as well as financial planning services.

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Analyst Recommendations for Australia and New Zealand Banking Group (OTCMKTS:ANZBY)

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