Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL) Stock Rating Raised to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL) from a hold rating to a buy rating in a report published on Saturday morning,Wall Street Zen reports.

Separately, Cantor Fitzgerald started coverage on shares of Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five in a research report on Tuesday, September 8th. They set an “overweight” rating and a $31.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $31.00.

Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five Stock Down 0.7%

FOIL opened at $17.20 on Friday. The stock has a 50-day moving average of $20.26. Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five has a 1 year low of $15.15 and a 1 year high of $28.49.

About Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five

Londian Wason New Energy Tech Inc is an energy technology company focused on the development, manufacture and sale of smart electricity meters and related electricity-management products. Its offerings are designed to support the measurement, monitoring and management of electricity consumption.

The company’s product portfolio includes smart metering solutions for single-phase and three-phase applications, as well as related systems intended to help utilities and other customers collect and manage electricity-use information.