In a report released today, Kelly Zou from Jefferies maintained a Buy rating on Zoomlion Heavy Industry Science & Technology Co (ZLIOF – Research Report), with a price target of HK$6.00. The company’s shares closed last Monday at $0.55.
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. According to TipRanks, Zou has an average return of -33.4% and a 0.00% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zoomlion Heavy Industry Science & Technology Co with a $0.71 average price target.
The company has a one-year high of $0.72 and a one-year low of $0.44. Currently, Zoomlion Heavy Industry Science & Technology Co has an average volume of 175.
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Zoomlion Heavy Industry Science & Technology Co (ZLIOF) Company Description:
Zoomlion Heavy Industry Science & Technology Co. Ltd. engages in the research and development, manufacture and sale of construction machineries and agricultural machineries. It operates through the following segments: Construction Machinery, Agricultural Machinery, and Financial Services. The Construction Machinery segment consists of concrete machinery sub-segment, crane machinery sub-segment, and others. The Agricultural Machinery offers a range of agricultural machineries, including tractors, grain harvesters, and drying machines. The Financial Services comprises of finance lease services to customers for purchasing machinery products of the group, and from other vendors. The company was founded by Chun Xin Zhan in 1992 and is headquartered in Changsha, China.
