Zacks: Yanzhou Coal Mining Co Ltd (YZCAY) Receives Average Rating of “Sell” from Brokerages
Shares of Yanzhou Coal Mining Co Ltd (NASDAQ:YZCAY) have been assigned a consensus broker rating score of 4.00 (Sell) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a sell recommendation.
Zacks has also given Yanzhou Coal Mining Co an industry rank of 207 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded Yanzhou Coal Mining Co from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research note on Thursday, August 31st.
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Yanzhou Coal Mining Co (NASDAQ:YZCAY) opened at 9.95 on Friday. Yanzhou Coal Mining Co has a 52 week low of $5.88 and a 52 week high of $10.24. The company has a market cap of $4.89 billion and a P/E ratio of 9.48.
About Yanzhou Coal Mining Co
Yanzhou Coal Mining Company Limited is a coal producer in China and Australia, which is primarily engaged in the mining, washing, processing and distribution of coal through railway transportation. The Company’s segments include Coal mining, which is engaged in underground and open-cut mining, preparation and sales of coal and potash mineral exploration; Coal railway transportation, which is engaged in the provision of railway transportation services; Methanol, electricity and heat supply, which is engaged in the production and sales of methanol and electricity and related heat supply services, and Equipment manufacturing, which is engaged in the manufacturing of coal mining and equipment.
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