Longfor Group (OTCMKTS:LGFRY) Upgraded by Zacks Research to Hold Rating

Longfor Group (OTCMKTS:LGFRY) was upgraded by stock analysts at Zacks Research to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Separately, The Goldman Sachs Group cut shares of Longfor Group to a “neutral” rating in a research report on Wednesday, December 17th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Longfor Group has an average rating of “Hold”.

Longfor Group Stock Performance

LGFRY stock opened at C$10.55 on Wednesday. Longfor Group has a 1 year low of C$9.40 and a 1 year high of C$15.49. The business has a 50 day simple moving average of C$11.43 and a 200-day simple moving average of C$12.21.

About Longfor Group

Longfor Group Holdings Limited (OTCMKTS: LGFRY) is a leading integrated real estate developer based in Beijing, China. Established in 1995, the company focuses on property development, property investment and property management. Its core business activities include the design, construction and sale of residential communities, as well as the development of commercial retail properties, office buildings and serviced apartments.

In addition to traditional real estate development, Longfor Group has diversified into the operation and management of urban complexes that combine shopping malls, hotels, offices and cultural facilities.