Bank Hapoalim (BKHYY) Projected to Post Quarterly Earnings on Thursday

Bank Hapoalim (OTCMKTS:BKHYY) is expected to post its results before the market opens on Thursday, March 5th. Analysts expect Bank Hapoalim to post earnings of $2.92 per share for the quarter.

Bank Hapoalim Stock Down 1.3%

Bank Hapoalim stock opened at $129.81 on Thursday. The company has a 50 day moving average of $124.10 and a 200-day moving average of $109.19. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.52. Bank Hapoalim has a twelve month low of $64.20 and a twelve month high of $143.25. The stock has a market capitalization of $34.09 billion, a PE ratio of 13.13 and a beta of 1.19.

Analysts Set New Price Targets

Separately, Barclays downgraded Bank Hapoalim from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 15th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Bank Hapoalim currently has an average rating of “Hold”.

About Bank Hapoalim

Bank Hapoalim B.M. is one of Israel’s largest banking groups, providing a broad range of financial services to retail, corporate and institutional customers. Founded in 1921 by the Histadrut labor federation, the bank has developed into a full-service financial institution offering deposit accounts, consumer and mortgage lending, credit cards, payment services, and branch-based retail banking. It also serves small and medium-sized enterprises with working capital and trade finance solutions.

In addition to traditional retail banking, Bank Hapoalim operates significant corporate and investment banking divisions.