Jefferies analyst Johnson Wan maintained a Sell rating on Flat Glass Group Co (FGSGF – Research Report) on January 1 and set a price target of HK$17.19. The company’s shares closed last Thursday at $1.62.
Wan covers the Basic Materials sector, focusing on stocks such as Ganfeng Lithium Co, China Resources Cement Holdings, and Lee & Man Paper Manufacturing. According to TipRanks, Wan has an average return of -0.7% and a 46.43% success rate on recommended stocks.
Flat Glass Group Co has an analyst consensus of Hold, with a price target consensus of $2.41.
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FGSGF market cap is currently $7.18B and has a P/E ratio of 9.56.
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Flat Glass Group Co (FGSGF) Company Description:
Flat Glass Group Co Ltd manufactures and sells glass and glass products. Its glass portfolio includes PV glass products, float glass products, architectural glass products, household glass products. Its customers are spread over China, Japan, Singapore, Korea and many other countries. Its segments consist of PV glass, Float glass, Household glass, and Architectural glass and mining products. The majority of revenue is derived from the sale of photovoltaic glass.
