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Jefferies Sticks to Their Hold Rating for Ganfeng Lithium Co (GNENF)

Tipranks - Tipranks - Mon Jan 19, 6:24AM CST

Jefferies analyst Johnson Wan maintained a Hold rating on Ganfeng Lithium Co on January 16 and set a price target of HK$55.91. The company’s shares closed last Friday at HK$63.50.

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According to TipRanks, Wan is ranked #1274 out of 11984 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ganfeng Lithium Co with a HK$55.83 average price target, implying a -12.08% downside from current levels. In a report released on January 16, TipRanks – OpenAI also reiterated a Hold rating on the stock with a HK$67.00 price target.

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The company has a one-year high of HK$67.85 and a one-year low of HK$16.22. Currently, Ganfeng Lithium Co has an average volume of 23.1M.

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