SINO BIOPHARMACEUT HKD0.025 (SBMFF) Upgraded to Buy at Zacks Investment Research
SINO BIOPHARMACEUT HKD0.025 (NASDAQ:SBMFF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday. The brokerage presently has a $1.00 price objective on the stock. Zacks Investment Research‘s price target suggests a potential upside of 1.21% from the stock’s current price.
According to Zacks, “Sino Biopharmaceutical Limited researches, develops, produces and sells biopharmaceutical products for the medical treatment of ophthalmia, as well as modernized Chinese medicine and chemical medicine for the treatment of hepatitis. Sino Biopharmaceutical Limited is headquartered in Wanchai, Hong Kong. “
SINO BIOPHARMACEUT HKD0.025 (NASDAQ SBMFF) traded up 0.000% on Thursday, hitting $0.988. The stock had a trading volume of 26,000 shares. The company’s 50 day moving average is $0.90 and its 200-day moving average is $0.83. SINO BIOPHARMACEUT HKD0.025 has a 12 month low of $0.64 and a 12 month high of $0.99. The stock has a market cap of $7.32 billion and a P/E ratio of 25.333.
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