In a report released on January 1, Johnson Wan from Jefferies maintained a Hold rating on Xinyi Glass Holdings (XYIGF – Research Report), with a price target of HK$11.52. The company’s shares closed yesterday at $1.12.
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.
Xinyi Glass Holdings has an analyst consensus of Hold, with a price target consensus of $1.32, representing a 18.28% upside. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a HK$9.10 price target.
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The company has a one-year high of $2.28 and a one-year low of $1.00. Currently, Xinyi Glass Holdings has an average volume of 56.55K.
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Xinyi Glass Holdings (XYIGF) Company Description:
Xinyi Glass Holdings Ltd. is an investment company, which engages in the manufacture of glass products including float glass, automobile glass, engineering glass, and electronic glass. It operates through the following business segments: Float Glass, Automobile Glass, and Architectural Glass. The company was founded by Yin Yee Lee in November 1988 and is headquartered in Hong Kong.
