CHINA COAL ENER/ADR (OTCMKTS:CCOZY) Upgraded by Zacks Investment Research to Buy

Share on StockTwits

Zacks Investment Research upgraded shares of CHINA COAL ENER/ADR (OTCMKTS:CCOZY) from a hold rating to a buy rating in a report released on Tuesday morning, Zacks.com reports. They currently have $8.75 price objective on the stock.

According to Zacks, “China Coal Energy Company Limited is engaged in integrating engineering and technological service businesses comprising of coal production, sales and trading. It deals in coal chemical, coal mining equipment manufacturing, pit mouth power generation, coal mine design etc. The main businesses of the Company are coking operations, coal mining equipment manufacturing and coal mine design and consultation. Coal business involves in production and distribution of steam coal and coking coal. Coking business provides metallurgy coke and forging coke. Coke mining equipment business offers hydraulic supports, scraper conveyors, loaders, boring machines, shearers and mining electrical motors, among others. China Coal Energy Company Limited is headquartered in Beijing, China. “

Separately, Credit Suisse Group raised shares of CHINA COAL ENER/ADR from an underperform rating to a neutral rating in a research report on Wednesday, April 24th.

Shares of CCOZY stock opened at $7.81 on Tuesday. The company has a market capitalization of $5.18 billion, a price-to-earnings ratio of 7.58 and a beta of 1.15. The company has a current ratio of 0.80, a quick ratio of 0.68 and a debt-to-equity ratio of 0.66. CHINA COAL ENER/ADR has a 52 week low of $7.80 and a 52 week high of $9.24. The stock has a 50-day moving average of $7.81.

About CHINA COAL ENER/ADR

China Coal Energy Company Limited primarily mines for, processes, produces, and sells coal in the People's Republic of China and internationally. It operates through Coal, Coal-Chemical, Mining Machinery, and Others segments. The company offers thermal and coking coal. It also produces and sells polyolefin, methanol, urea, and other coal chemical products, as well as coke; researches and develops, designs, manufactures, and sells coal mining machinery and equipment; and provides after-sales services.

Featured Story: Dollar Cost Averaging

Get a free copy of the Zacks research report on CHINA COAL ENER/ADR (CCOZY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for CHINA COAL ENER/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CHINA COAL ENER/ADR and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Reviewing Dorchester Minerals  & Falcon Minerals
Reviewing Dorchester Minerals & Falcon Minerals
Contrasting ENAGAS S A/ADR  and ONE Gas
Contrasting ENAGAS S A/ADR and ONE Gas
Head-To-Head Analysis: StoneCo  vs. JMU Ltd-
Head-To-Head Analysis: StoneCo vs. JMU Ltd-
Chinook Energy’s  Sector Perform Rating Reiterated at National Bank Financial
Chinook Energy’s Sector Perform Rating Reiterated at National Bank Financial
Eldorado Gold  Price Target Raised to C$13.00 at JPMorgan Chase & Co.
Eldorado Gold Price Target Raised to C$13.00 at JPMorgan Chase & Co.
Dream Global REIT  Price Target Raised to C$16.00
Dream Global REIT Price Target Raised to C$16.00


© 2006-2019 Ticker Report