In a report released on January 11, Johnson Wan from Jefferies upgraded Flat Glass Group Co (FGSGF – Research Report) to a Hold, with a price target of HK$14.16. The company’s shares closed last Thursday at $1.62.
According to TipRanks, Wan is an analyst with an average return of -3.9% and a 35.29% 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.
Currently, the analyst consensus on Flat Glass Group Co is a Moderate Buy with an average price target of $2.22.
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The company has a one-year high of $3.67 and a one-year low of $1.25. Currently, Flat Glass Group Co has an average volume of 383.
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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.
