Zacks Upgrades Synutra International to “Outperform” (SYUT)
Synutra International (NASDAQ:SYUT) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report issued on Monday, Analyst Ratings News reports. The firm currently has a $5.80 target price on the stock. Zacks‘ price objective suggests a potential upside of 8.82% from the company’s current price.
Shares of Synutra International (NASDAQ:SYUT) traded up 7.32% during mid-day trading on Monday, hitting $5.72. 21,788 shares of the company’s stock traded hands. Synutra International has a 52-week low of $3.80 and a 52-week high of $5.74. The stock has a 50-day moving average of $5.02 and a 200-day moving average of $4.89. The company’s market cap is $327.8 million.
Synutra International, Inc is an infant formula company in China. The Company principally produces, markets and sells its products under the Shengyuan or Synutra name, together with other brands.
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