♔ The Trade Off
Morgan Stanley upgrades Ganfeng Lithium Co (GNENF) to a Hold
In a report released today, Rachel Zhang from Morgan Stanley upgraded Ganfeng Lithium Co to a Hold, with a price target of HK$43.30. The company’s shares closed yesterday at $6.06.
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Zhang covers the Basic Materials sector, focusing on stocks such as Aluminum of China, Ganfeng Lithium Co, and Jiangxi Copper Company. According to TipRanks, Zhang has an average return of 23.6% and a 52.17% success rate on recommended stocks.
Currently, the analyst consensus on Ganfeng Lithium Co is a Hold with an average price target of $4.20.
GNENF market cap is currently $15.46B and has a P/E ratio of -47.49.
Read More on GNENF:
Disclaimer & DisclosureReport an Issue
- Ganfeng Lithium Announces EGM to Discuss Key Corporate Amendments
- Ganfeng Lithium Completes H Share Placement and Bond Issuance
- Ganfeng Lithium Co Announces New H Share Placement and Convertible Bond Issuance
- Ganfeng Lithium Enhances Governance with New Nomination Committee
- Ganfeng Lithium Enhances Governance with New Remuneration Committee
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