Commonwealth Bank of Australia (OTCMKTS:CMWAY) Rating Increased to Strong Sell at UBS Group

Commonwealth Bank of Australia (OTCMKTS:CMWAY) was upgraded by analysts at UBS Group to a “strong sell” rating in a research report issued to clients and investors on Monday, Zacks.com reports.

Commonwealth Bank of Australia Price Performance

Shares of CMWAY stock opened at $85.34 on Monday. Commonwealth Bank of Australia has a 52-week low of $59.95 and a 52-week high of $86.27. The stock has a 50 day moving average price of $79.44 and a 200 day moving average price of $77.24.

About Commonwealth Bank of Australia

Commonwealth Bank of Australia provides financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans.