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China Molybdenum Co (CMCLF) Receives a Buy from Goldman Sachs

Tipranks - Wed Jan 7, 6:40AM CST

Goldman Sachs analyst Joy Zhang maintained a Buy rating on China Molybdenum Co today and set a price target of HK$21.50.

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Zhang covers the Basic Materials sector, focusing on stocks such as China Molybdenum Co, Jiangxi Copper Company, and Zhaojin Mining Industry Co. According to TipRanks, Zhang has an average return of 44.9% and a 75.61% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for China Molybdenum Co with a HK$20.63 average price target.

CMCLF market cap is currently HK$477.3B and has a P/E ratio of 20.37.

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