ValuEngine upgraded shares of CHIBA BK LTD/ADR (OTCMKTS:CHBAY) from a strong sell rating to a sell rating in a research report sent to investors on Friday, ValuEngine reports.

Separately, Goldman Sachs Group upgraded CHIBA BK LTD/ADR from a neutral rating to a buy rating in a report on Wednesday, July 8th.

OTCMKTS CHBAY opened at $23.83 on Friday. The company has a 50-day simple moving average of $24.04 and a two-hundred day simple moving average of $24.50. CHIBA BK LTD/ADR has a 12-month low of $18.40 and a 12-month high of $28.26. The firm has a market cap of $3.86 billion, a price-to-earnings ratio of 8.11 and a beta of 0.84.


The Chiba Bank, Ltd., together with its subsidiaries, provides banking products and services in Japan and internationally. It offers various deposit products, including current, ordinary, savings, time, and liquid deposits, as well as deposits at notice; and various loans and bills discounting. The company also engages in securities, leasing, credit card, and credit guarantee business; management and collection of claims; and outsourcing of operational business.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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