Anhui Conch Cement (OTCMKTS:AHCHY) Upgraded to “Buy” at HSBC

HSBC upgraded shares of Anhui Conch Cement (OTCMKTS:AHCHYGet Rating) from a hold rating to a buy rating in a research note published on Tuesday morning, The Fly reports.

Separately, The Goldman Sachs Group lowered Anhui Conch Cement from a neutral rating to a sell rating in a research report on Sunday, August 28th.

Anhui Conch Cement Trading Up 8.0 %

Shares of AHCHY opened at $18.00 on Tuesday. The business’s fifty day moving average price is $16.16 and its two-hundred day moving average price is $19.83. Anhui Conch Cement has a 52 week low of $12.80 and a 52 week high of $29.03.

Anhui Conch Cement Company Profile

(Get Rating)

Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company conducts its operations through five segments, which include Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.

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