Jefferies analyst Kelly Zou maintained a Buy rating on Zhuzhou CRRC Times Electric Co (ZHUZF – Research Report) today and set a price target of HK$38.00. The company’s shares closed last Friday at $4.87.
According to TipRanks, Zou is an analyst with an average return of -33.4% and a 0.00% success rate. Zou covers the Industrials sector, focusing on stocks such as Zhuzhou CRRC Times Electric Co, Zoomlion Heavy Industry Science & Technology Co, and China Railway Signal & Communication.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zhuzhou CRRC Times Electric Co with a $4.22 average price target, which is a -13.35% downside from current levels. In a report released on March 30, Nomura also upgraded the stock to a Buy with a HK$29.00 price target.
ZHUZF market cap is currently $5.39B and has a P/E ratio of 10.24.
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Zhuzhou CRRC Times Electric Co (ZHUZF) Company Description:
Zhuzhou CRRC Times Electric Co., Ltd. engages in the sale and manufacture of train-borne electrical systems and electrical components. It provides propulsion and control systems for trains and electric vehicles, signaling systems, power supply solutions, platform screen doors, rail maintenance vehicles, marine engineering equipment, and component products for various applications. The company was founded on September 26, 2005 and is headquartered in Zhuzhou, China.
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