Geely Automobile H (GELYY) Upgraded to Buy by Zacks Investment Research

Zacks Investment Research upgraded shares of Geely Automobile H (NASDAQ:GELYY) from a hold rating to a buy rating in a research note released on Monday. Zacks Investment Research currently has $68.00 price objective on the stock.

According to Zacks, “Geely Automobile Holdings Limited is engaged in automobile manufacturing and its related areas. It is a fully integrated independent auto firm with auto eco-systems like designing, research and development, production, distribution and servicing. Geely has its independent R&D in vehicles, engines, transmissions and hybrid technologies. In addition, the company provides moulds for automobile parts and components and automobile services. It also exports sedans. It sells its products through retail distributors and service stations. Geely Automobile Holdings Limited is headquartered in Wanchai, Hong Kong. “

Geely Automobile H (NASDAQ:GELYY) opened at 56.89 on Monday. The stock’s 50 day moving average is $49.49 and its 200-day moving average is $38.41. The company has a market cap of $25.41 billion and a P/E ratio of 22.40. Geely Automobile H has a 12-month low of $17.60 and a 12-month high of $63.10.

COPYRIGHT VIOLATION NOTICE: “Geely Automobile H (GELYY) Upgraded to Buy by Zacks Investment Research” was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The legal version of this story can be read at https://ledgergazette.com/2017/09/26/geely-automobile-h-gelyy-upgraded-to-buy-by-zacks-investment-research.html.

Receive News & Ratings for Geely Automobile H Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Geely Automobile H and related companies with MarketBeat.com’s FREE daily email newsletter.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

seventeen + 12 =