
Bank of Communications (OTCMKTS:BCMXY) Upgraded at Zacks Research

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Zacks Research upgraded Bank of Communications (OTCMKTS: BCMXY) to a "hold" rating. The stock opened at $22.00, with a 52-week range of $19.70 to $25.00. The bank reported a Q1 EPS of $0.99, missing estimates of $1.06, but had revenue of $8.50 billion, exceeding expectations. Analysts forecast an EPS of 4.13 for the current year. Bank of Communications is a major Chinese bank offering a range of financial services.
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