In a report released yesterday, Johnson Wan from Jefferies maintained a Hold rating on Anhui Conch Cement Company (AHCHF – Research Report), with a price target of HK$21.41. The company’s shares closed last Friday at $2.25.
According to TipRanks, Wan is a 2-star analyst with an average return of -1.4% and a 41.18% success rate. Wan covers the Basic Materials sector, focusing on stocks such as Ganfeng Lithium Co, Anhui Conch Cement Company, and China Resources Cement Holdings.
The word on The Street in general, suggests a Hold analyst consensus rating for Anhui Conch Cement Company with a $2.74 average price target.
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The company has a one-year high of $4.07 and a one-year low of $2.10. Currently, Anhui Conch Cement Company has an average volume of 3,725.
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Anhui Conch Cement Company (AHCHF) Company Description:
Anhui Conch Cement Co., Ltd. engages in the manufacture and sales of cement and commodity clinker. It operates through the following segments: Eastern China, Central China, Southern China, Western China, and Overseas. The company was founded on September 1, 1997 and is headquartered in Wuhu City, China.
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