Zacks: China Const Bk (CICHY) Receives Average Rating of “Strong Buy” from Analysts
Shares of China Const Bk (NASDAQ:CICHY) have earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Zacks has also given China Const Bk an industry rank of 110 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised China Const Bk from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a research note on Friday, June 2nd.
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Shares of China Const Bk (NASDAQ CICHY) traded up 0.85% during trading on Monday, reaching $16.58. The company’s stock had a trading volume of 81,861 shares. The firm has a market cap of $207.29 billion and a P/E ratio of 6.10. The stock’s 50 day moving average is $16.43 and its 200 day moving average is $15.76. China Const Bk has a one year low of $12.32 and a one year high of $17.00.
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