Zacks: Hopewell Holdings Ltd (NASDAQ:HOWWY) Given Average Rating of “Sell” by Analysts
Shares of Hopewell Holdings Ltd (NASDAQ:HOWWY) have earned an average broker rating score of 4.00 (Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell rating.
Analysts have set a 1-year consensus target price of $3.61 for the company, according to Zacks. Zacks has also given Hopewell Holdings an industry rank of 200 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised shares of Hopewell Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, September 14th.
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Shares of Hopewell Holdings (NASDAQ:HOWWY) traded down 1.87% during mid-day trading on Friday, hitting $3.67. 3,730 shares of the company traded hands. The firm’s 50 day moving average price is $3.59 and its 200-day moving average price is $3.34. The stock has a market capitalization of $3.19 billion and a PE ratio of 8.97. Hopewell Holdings has a 1-year low of $2.67 and a 1-year high of $3.80.
About Hopewell Holdings
Hopewell Holdings Limited is a Hong Kong-based investment holding company. The Company, along with its subsidiaries, operates in six segments: property investment, which is engaged in property letting, agency and management; hotel, restaurant and catering operation, which includes hotel ownership and management, restaurant operations and food catering; property development, which is engaged in development and/or sale of properties, property under development and project management; toll road investment, which includes investments in expressway projects; power plant, which includes power plant investments and operation; treasury income, which includes interest income from bank balances and amounts due from jointly controlled entities.
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