Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY) Rating Increased to Hold at Zacks Research
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Zacks Research has upgraded Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY) to a "hold" rating. The stock opened at $18.44, with a market cap of $328.61 billion and a PE ratio of 6.63. The bank reported a quarterly EPS of $0.76, exceeding estimates, and had a revenue of $27.56 billion. Analysts expect a 3.01 EPS for the current fiscal year. ICBC is one of the largest banks globally, offering a range of financial services.
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