Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL) Upgraded 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 research report report published on Saturday morning,Wall Street Zen reports.

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

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

FOIL opened at $16.39 on Friday. Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five has a 52 week low of $15.15 and a 52 week high of $28.49.

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

Londian Wason New Energy Tech Inc is a holding company whose operations are conducted through subsidiaries in China. The company focuses on the production and sale of aluminum foil products for new-energy and other industrial applications.

Its product activities are associated with aluminum foil used in lithium-ion batteries and related energy-storage applications, as well as foil products serving broader commercial and manufacturing markets. These materials may be supplied to battery, electronics, packaging, and other industrial customers.

Publicly available information about the company’s operating history, geographic reach, and executive leadership is limited.