Jefferies analyst Edison Lee maintained a Hold rating on Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF – Research Report) on January 5 and set a price target of HK$9.46. The company’s shares closed last Wednesday at $0.94.
Lee covers the Technology sector, focusing on stocks such as Kingdee International Software Group Co, Yangtze Optical Fibre and Cable Joint Stock Co, and ZTE. According to TipRanks, Lee has an average return of -7.1% and a 39.53% success rate on recommended stocks.
Currently, the analyst consensus on Yangtze Optical Fibre and Cable Joint Stock Co is a Hold with an average price target of $1.28.
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The company has a one-year high of $2.17 and a one-year low of $0.70. Currently, Yangtze Optical Fibre and Cable Joint Stock Co has an average volume of 100.
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Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF) Company Description:
Yangtze Optical Fibre and Cable Joint Stock Ltd Co is engaged in the Chinese communication equipment industry. It manufactures and sells optical fiber preforms, optical fibers with various standard specifications that are widely used in the telecommunications industry. It operates its business through two operating segments, optical fibers, and optical fiber preforms; and optical fiber cables. The manufacture and sale of optical fiber cables provide the company for most of its revenue. Its other products comprise of trunk cables, patch cords, plug-and-play modules, optical distribution frames, pigtails, adapter panels, splitters, and connecting cabinets.
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