General Fusion Group (NASDAQ:GFUZ) Stock Rating Cut to “Strong Sell” at Wall Street Zen

General Fusion Group (NASDAQ:GFUZ) was downgraded by research analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

A number of other brokerages also recently commented on GFUZ. Wedbush assumed coverage on shares of General Fusion Group in a research report on Tuesday. They set a “neutral” rating and a $7.00 price objective on the stock. Zacks Research assumed coverage on shares of General Fusion Group in a research note on Wednesday. They issued a “hold” rating on the stock. Two research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $7.00.

General Fusion Group Stock Performance

NASDAQ GFUZ opened at $5.30 on Friday. General Fusion Group has a one year low of $5.00 and a one year high of $14.85.

About General Fusion Group

We are a recently incorporated blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to as our initial business combination. We have not selected any potential business combination target, and we have not, nor has anyone on our behalf, had any substantive discussions, directly or indirectly, with any potential business combination target.