BDO Unibank (OTCMKTS:BDOUY) Stock Rating Upgraded by Zacks Research

BDO Unibank (OTCMKTS:BDOUY) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Separately, The Goldman Sachs Group downgraded shares of BDO Unibank to a “neutral” rating in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, BDO Unibank presently has an average rating of “Hold”.

BDO Unibank Stock Performance

Shares of BDOUY stock opened at $20.32 on Monday. BDO Unibank has a 52 week low of $18.39 and a 52 week high of $27.19. The company has a market capitalization of $10.84 billion and a price-to-earnings ratio of 0.34. The company has a 50-day simple moving average of $20.39 and a 200 day simple moving average of $20.98.

About BDO Unibank

BDO Unibank, Inc (OTCMKTS: BDOUY) is a universal bank in the Philippines providing a full range of banking and financial services to retail, corporate, and institutional clients. As one of the country’s largest banks by assets, BDO offers commercial banking, lending, deposit products, credit cards, cash management, and remittance services. The bank also delivers specialized solutions in corporate finance, project finance, and agricultural lending.

In addition to core banking operations, BDO maintains robust treasury and trust divisions that handle foreign exchange, money market transactions, and fiduciary services.