In a report released on January 5, Kelly Zou from Jefferies maintained a Buy rating on Guangshen Railway Company (GNGYF – Research Report), with a price target of HK$3.10. The company’s shares closed last Thursday at $0.19.
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 -9.9% and a 30.00% success rate on recommended stocks.
Currently, the analyst consensus on Guangshen Railway Company is a Moderate Buy with an average price target of $0.35.
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The company has a one-year high of $0.32 and a one-year low of $0.16. Currently, Guangshen Railway Company has an average volume of 32.76K.
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Guangshen Railway Company (GNGYF) Company Description:
Guangshen Railway Co. Ltd. engages in the provision of passenger and freight transportation services. It operates through the following segments: Railway Transportation Business and All Other. The Railway Transportation Business segment offers railroad and related services. The All Other segment includes on-board catering services, leasing, sales of materials and goods, and businesses related to railway transportation. The company was founded on March 6, 1996 and is headquartered in Shenzhen, China.
