Commonwealth Bank of Australia (OTCMKTS:CMWAY) Lowered to “Hold” at Jefferies Financial Group

Commonwealth Bank of Australia (OTCMKTS:CMWAYGet Rating) was downgraded by equities research analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a report released on Tuesday, The Fly reports.

Separately, Zacks Investment Research raised shares of Commonwealth Bank of Australia from a “sell” rating to a “hold” rating in a research note on Monday, April 4th.

Shares of CMWAY opened at $72.27 on Tuesday. The stock’s 50-day moving average price is $76.50 and its 200 day moving average price is $73.34. Commonwealth Bank of Australia has a 12-month low of $64.38 and a 12-month high of $82.19.

About Commonwealth Bank of Australia (Get Rating)

Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers retail, premium, business, offshore, and institutional banking services; and funds management, superannuation, and share broking products and services, as well as car, health, life, income protection, and travel insurance.

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