Zacks: Anhui Conch Cement (NASDAQ:AHCHY) Receives Consensus Rating of “Hold” from Analysts

Anhui Conch Cement (NASDAQ:AHCHY) has received an average broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation. Anhui Conch Cement’s rating score has declined by 200% in the last three months as a result of various analysts’ upgrades and downgrades.

Zacks has also assigned Anhui Conch Cement an industry rank of 181 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research upgraded shares of Anhui Conch Cement from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research note on Monday, May 29th.

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Anhui Conch Cement (AHCHY) opened at 18.3745 on Wednesday. The firm’s 50-day moving average is $17.20 and its 200-day moving average is $16.93. Anhui Conch Cement has a 52 week low of $12.85 and a 52 week high of $19.00. The firm has a market cap of $19.47 billion and a price-to-earnings ratio of 13.7637.

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