Sun Hung Kai Properties Ltd. (SUHJY) Downgraded to Hold at ValuEngine
Sun Hung Kai Properties Ltd. (OTCMKTS:SUHJY) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Friday.
Separately, Zacks Investment Research upgraded shares of Sun Hung Kai Properties from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Tuesday, June 6th.
Sun Hung Kai Properties (SUHJY) opened at 17.24 on Friday. The stock has a market capitalization of $49.91 billion, a price-to-earnings ratio of 10.11 and a beta of 1.04. Sun Hung Kai Properties has a one year low of $12.43 and a one year high of $17.24. The company’s 50-day moving average is $15.89 and its 200 day moving average is $15.22.
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About Sun Hung Kai Properties
Sun Hung Kai Properties Limited is an investment holding company. The Company is engaged in the development of and investment in properties for sale and rent, hotel operation, telecommunications, transportation, infrastructure and logistics. Its segments include Property sales, Property rental, Hotel operation, Telecommunications, Transport infrastructure and logistics, and Other businesses.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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