HSBC upgraded shares of Piraeus Bank (OTCMKTS:NBGIF) from a hold rating to a buy rating in a research report report published on Monday, The Fly reports.
Separately, JPMorgan Chase & Co. started coverage on shares of Piraeus Bank in a research report on Wednesday, September 18th. They issued an overweight rating for the company.
OTCMKTS:NBGIF traded up $0.08 during trading hours on Monday, reaching $3.40. The company had a trading volume of 25,255 shares, compared to its average volume of 30,642. Piraeus Bank has a 52 week low of $1.06 and a 52 week high of $3.45. The company’s 50 day simple moving average is $3.08.
About Piraeus Bank
National Bank of Greece SA, together with its subsidiaries, provides financial services. It operates through Retail Banking, Corporate & Investment Banking, Special Assets Unit, Global Markets and Asset Management, Insurance, International Banking Operations, and Other segments. The company offers current accounts, deposit multiproducts, deposits in foreign currency, savings accounts, sight accounts, and time deposit accounts.
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