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CMOC Group (CMCLF) was upgraded to a Buy Rating at Bank of China

Tipranks - Thu Apr 2, 12:18AM CDT

In a report released yesterday, from Bank of China upgraded CMOC Group to a Buy, with a price target of HK$18.76.

End of Quarter Sale - 50% Off TipRanks

In addition to Bank of China, CMOC Group also received a Buy from TipRanks – Google’s Google Industrial Materials in a report issued yesterday. However, on the same day, TipRanks – Anthropic reiterated a Hold rating on CMOC Group (Other OTC: CMCLF).

Based on CMOC Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$60.3 billion and a net profit of HK$5.97 billion. In comparison, last year the company earned a revenue of HK$58.27 billion and had a net profit of HK$5.26 billion

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