Alpha Bank A.E. Upgraded to Buy at Bank of America (ALBKY)

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Alpha Bank A.E. (NASDAQ:ALBKY) was upgraded by analysts at Bank of America from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday.

ALBKY has been the subject of a number of other recent research reports. Analysts at Nomura upgraded shares of Alpha Bank A.E. from a “reduce” rating to a “buy” rating in a research note on Monday, April 28th. Analysts at Deutsche Bank initiated coverage on shares of Alpha Bank A.E. in a research note on Monday, March 10th. They set a “hold” rating on the stock.

Alpha Bank A.E. (NASDAQ:ALBKY) opened at 0.235 on Tuesday. Alpha Bank A.E. has a 52-week low of $0.17 and a 52-week high of $0.83. The stock’s 50-day moving average is $0.30 and its 200-day moving average is $0.25. The company has a market cap of $10.268 billion and a P/E ratio of 1.59.

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