Zacks: Henderson Land Development (HLDCY) Given Consensus Rating of “Hold” by Brokerages
Shares of Henderson Land Development (NASDAQ:HLDCY) have been given an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Brokers have set a twelve-month consensus price target of $6.43 for the company, according to Zacks. Zacks has also given Henderson Land Development an industry rank of 114 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut Henderson Land Development from a “buy” rating to a “hold” rating in a research note on Tuesday, September 13th.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/19/zacks-henderson-land-development-hldcy-given-consensus-rating-of-hold-by-brokerages.html
Shares of Henderson Land Development (NASDAQ:HLDCY) traded down 0.952% during midday trading on Wednesday, reaching $5.824. The company had a trading volume of 14,788 shares. Henderson Land Development has a 12-month low of $4.32 and a 12-month high of $6.06. The company has a 50 day moving average of $5.90 and a 200 day moving average of $5.69. The firm has a market capitalization of $21.18 billion and a price-to-earnings ratio of 8.180.
Henderson Land Development Company Profile
Henderson Land Development Company Limited is an investment holding company. Its core businesses comprise property development and property investment. The Company’s segments include Property development, which is engaged in the development and sale of properties; Property leasing, which is engaged in leasing of properties; Hotel operation, which is engaged in the hotel operation and management; Department store operation, which is engaged in department store operation and management; Utility and energy, which is engaged in the production, distribution and marketing of gas, water supply and energy businesses, and Others, which includes construction, infrastructure, provision of finance, investment holding, project management, property management, agency services, cleaning and security guard services, as well as the trading of building materials and disposal of leasehold land.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Henderson Land Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Henderson Land Development and related companies with MarketBeat.com's FREE daily email newsletter.