Piraeus Financial (OTCMKTS:BPIRY) Rating Increased to Buy at The Goldman Sachs Group

Piraeus Financial (OTCMKTS:BPIRY – Get Rating) was upgraded by investment analysts at The Goldman Sachs Group from a “neutral” rating to a “buy” rating in a note issued to investors on Tuesday, The Fly reports.

Piraeus Financial Price Performance

Shares of OTCMKTS:BPIRY opened at $1.80 on Tuesday. Piraeus Financial has a 52 week low of $0.67 and a 52 week high of $1.88. The company’s 50 day moving average is $1.44 and its two-hundred day moving average is $1.17.

About Piraeus Financial

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Piraeus Financial Holdings SA provides banking products and services in Greece and internationally. It operates through Retail Banking, Corporate Banking, Piraeus Financial Markets, and Other segments. The company offers time, structured, deposit, saving, current, and business accounts; mortgage, consumer, personal, home improvement, farming, restructuring, and working capital loans; overdrafts; credit, debit, contract farming, and prepaid cards; mutual funds, treasury bonds, equities, dual currency deposits, treasury interest-bearing notes, asset management solutions, and gold sovereigns and gold bars; and car, home, civil liability, health, endowment, accident/life, lifestyle, agricultural, photovoltaic park, trade credit, business premises, and corporate insurances.