HSBC upgraded shares of Guangdong Investment (OTCMKTS:GGDVY – Get Rating) from a hold rating to a buy rating in a research report report published on Tuesday morning, The Fly reports.
Separately, JPMorgan Chase & Co. downgraded Guangdong Investment from an overweight rating to a neutral rating in a research report on Tuesday, June 21st.
Get Guangdong Investment alerts:Guangdong Investment Trading Down 0.3 %
OTCMKTS:GGDVY opened at $45.50 on Tuesday. The stock has a fifty day moving average price of $47.93 and a 200-day moving average price of $57.52. Guangdong Investment has a fifty-two week low of $42.88 and a fifty-two week high of $73.11.
About Guangdong Investment
(Get Rating)Guangdong Investment Limited, an investment holding company, engages in water resources, property investment and development, department store operation, energy project operation, road and bridge operation, and hotel businesses. Its Water Resources segment provides water distribution, sewage treatment, infrastructure and water pipeline installation services, as well as constructs water supply and sewage treatment infrastructure in Mainland China and Hong Kong.
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