China Yuchai International (NYSE:CYD) Upgraded by Greenridge Global to Strong-Buy Rating

China Yuchai International (NYSE:CYD) was upgraded by equities research analysts at Greenridge Global from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Other equities analysts also recently issued reports about the company. Citigroup raised China Yuchai International to a “buy” rating in a research report on Monday. Weiss Ratings cut China Yuchai International from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. Zacks Research downgraded China Yuchai International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 16th. Finally, Wall Street Zen raised China Yuchai International from a “hold” rating to a “buy” rating in a report on Saturday, June 20th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, China Yuchai International has an average rating of “Buy” and an average price target of $60.00.

China Yuchai International Stock Up 3.0%

NYSE CYD opened at $46.41 on Monday. China Yuchai International has a 12-month low of $21.27 and a 12-month high of $61.48. The company has a fifty day simple moving average of $49.90 and a two-hundred day simple moving average of $46.41.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Quantbot Technologies LP purchased a new stake in China Yuchai International in the 2nd quarter worth approximately $48,000. Public Employees Retirement Association of Colorado purchased a new position in shares of China Yuchai International during the 4th quarter valued at approximately $50,000. Advisory Services Network LLC purchased a new position in shares of China Yuchai International during the 3rd quarter valued at approximately $66,000. Deutsche Bank AG acquired a new position in shares of China Yuchai International in the 4th quarter valued at $67,000. Finally, Blue Trust Inc. acquired a new position in shares of China Yuchai International in the 1st quarter valued at $69,000.

China Yuchai International Company Profile

China Yuchai International Ltd. (NYSE: CYD) is a Cayman Islands–incorporated holding company with principal executive offices in Singapore. Through its subsidiaries, the company is a leading manufacturer and distributor of diesel engines in the People’s Republic of China. Its principal operating subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL), has been producing diesel engines since 1951 and ranks among the country’s largest heavy-duty engine makers.

The company’s core product portfolio includes high-speed and medium-speed diesel engines for on-highway trucks and buses, off-road vehicles such as construction and agricultural machinery, marine propulsion systems, and power generator sets.