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Jefferies Remains a Buy on Zhuzhou CRRC Times Electric Co (ZHUZF)
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Jefferies Remains a Buy on Zhuzhou CRRC Times Electric Co (ZHUZF)

Jefferies analyst Kelly Zou maintained a Buy rating on Zhuzhou CRRC Times Electric Co (ZHUZFResearch Report) on December 21 and set a price target of HK$40.00. The company’s shares closed last Friday at $4.87.

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. According to TipRanks, Zou has an average return of -36.2% and a 0.00% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zhuzhou CRRC Times Electric Co with a $4.99 average price target.

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ZHUZF market cap is currently $4.5B and has a P/E ratio of 9.60.

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Zhuzhou CRRC Times Electric Co (ZHUZF) Company Description:

Zhuzhou CRRC Times Electric Co., Ltd. engages in the sale and manufacture of train-borne electrical systems and electrical components. It provides propulsion and control systems for trains and electric vehicles, signaling systems, power supply solutions, platform screen doors, rail maintenance vehicles, marine engineering equipment, and component products for various applications. The company was founded on September 26, 2005 and is headquartered in Zhuzhou, China.

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