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Zoomlion Heavy Industry Science & Technology Co (ZLIOF) Receives a Buy from Jefferies
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Zoomlion Heavy Industry Science & Technology Co (ZLIOF) Receives a Buy from Jefferies

Jefferies analyst Kelly Zou maintained a Buy rating on Zoomlion Heavy Industry Science & Technology Co (ZLIOFResearch Report) on December 21 and set a price target of HK$5.00. The company’s shares closed last Monday at $0.51.

According to TipRanks, Zou is an analyst with an average return of -36.2% and a 0.00% success rate. Zou covers the Industrials sector, focusing on stocks such as China Railway Signal & Communication, Zhuzhou CRRC Times Electric Co, and Zoomlion Heavy Industry Science & Technology Co.

Zoomlion Heavy Industry Science & Technology Co has an analyst consensus of Moderate Buy, with a price target consensus of $0.56.

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The company has a one-year high of $0.66 and a one-year low of $0.44. Currently, Zoomlion Heavy Industry Science & Technology Co has an average volume of 300.

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Zoomlion Heavy Industry Science & Technology Co (ZLIOF) Company Description:

Zoomlion Heavy Industry Science & Technology Co. Ltd. engages in the research and development, manufacture and sale of construction machineries and agricultural machineries. It operates through the following segments: Construction Machinery, Agricultural Machinery, and Financial Services. The Construction Machinery segment consists of concrete machinery sub-segment, crane machinery sub-segment, and others. The Agricultural Machinery offers a range of agricultural machineries, including tractors, grain harvesters, and drying machines. The Financial Services comprises of finance lease services to customers for purchasing machinery products of the group, and from other vendors. The company was founded by Chun Xin Zhan in 1992 and is headquartered in Changsha, China.

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