Alpha Bank AE ADR (ALBKY)

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GOLDMAN SACHS INITIATES COVERAGE OF ALPHA BANK WITH A "BUY"
Analysts at Goldman Sachs started coverage on shares of Alpha Bank A.E. (NASDAQ:ALBKY) in a research report issued to clients and investors on Friday. The firm set a “buy” rating on the stock. Alpha Bank A.E. (NASDAQ:ALBKY) opened at 0.285 on Friday. Alpha Bank A.E. has a 1-year low of $0.17 and a 1-year high of $0.82. The stock’s 50-day moving average is $0.27 and its 200-day moving average is $0.25. The company’s market cap is $14.785 billion. Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank upgraded shares of Alpha Bank A.E. from a “hold” rating to a “buy” rating in a research note on Thursday, June 5th. Separately, analysts at Bank of America upgraded shares of Alpha Bank A.E. from a “neutral” rating to a “buy” rating in a research note on Tuesday, May 20th. Finally, 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. http://www.intercooleronline.com/stocks/alpha-bank-a-e-coverage-initiated-by-analysts-at-goldman-sachs-albky/9591/

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