Several other brokerages also recently commented on CMWAY. Zacks Investment Research downgraded shares of Commonwealth Bank of Australia from a “buy” rating to a “hold” rating in a report on Wednesday, May 5th. Jefferies Financial Group upgraded shares of Commonwealth Bank of Australia from a “hold” rating to a “buy” rating in a research report on Friday, March 5th. Finally, Macquarie upgraded shares of Commonwealth Bank of Australia from an “underperform” rating to a “neutral” rating in a research report on Tuesday, March 23rd.
Commonwealth Bank of Australia stock opened at $75.73 on Thursday. The company has a market capitalization of $134.06 billion, a P/E ratio of 28.26 and a beta of 0.98. The firm’s fifty day simple moving average is $68.68 and its 200-day simple moving average is $64.06. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.98. Commonwealth Bank of Australia has a 1-year low of $38.06 and a 1-year high of $75.85.
Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, Europe, Asia, North America, and internationally. It offers retail, premium, business, and institutional banking; and funds management, insurance, and share-broking products and services. The company operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, New Zealand, and International Financial Services segments.
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