Shares of ANZ (OTCMKTS:ANZBY) have earned an average rating of “Hold” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company.
Several equities research analysts have commented on ANZBY shares. Credit Suisse Group cut shares of ANZ from a “neutral” rating to an “underperform” rating in a research report on Wednesday, May 1st. ValuEngine cut shares of ANZ from a “hold” rating to a “sell” rating in a research report on Friday, March 1st. Citigroup cut shares of ANZ from a “buy” rating to a “neutral” rating in a research report on Tuesday, March 5th. Goldman Sachs Group cut shares of ANZ from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 1st. Finally, Zacks Investment Research cut shares of ANZ from a “hold” rating to a “sell” rating in a research report on Tuesday, April 23rd.
OTCMKTS:ANZBY traded down $0.11 on Thursday, hitting $19.82. 10,943 shares of the company’s stock were exchanged, compared to its average volume of 37,298. The business has a 50-day simple moving average of $19.28. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.18 and a current ratio of 1.18. ANZ has a 52 week low of $15.98 and a 52 week high of $22.28. The stock has a market capitalization of $57.20 billion, a P/E ratio of 11.46, a P/E/G ratio of 1.12 and a beta of 1.12.
The company also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, July 11th. Stockholders of record on Monday, May 13th will be paid a dividend of $0.553 per share. The ex-dividend date is Friday, May 10th. ANZ’s dividend payout ratio is presently 64.16%.
Australia and New Zealand Banking Group Limited provides various banking and financial products and services. The company's Australia division offers retail products and services to consumers through the branch network, mortgage specialists, contact centers, and third party brokers, as well as self-service channels, such as Internet banking, phone banking, ATMs, Website, and digital banking; and banking products and financial services, including asset financing to medium to large commercial customers, agribusiness customers, small business owners, high net worth individuals, and family groups.
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