Zacks Investment Research upgraded shares of CHOW TAI FOOK J/ADR (OTCMKTS:CJEWY) from a hold rating to a buy rating in a research report sent to investors on Friday. They currently have $11.00 price target on the stock.
According to Zacks, “Chow Tai Fook Jewellery Group manufactures and sells jewelry products. The Company sells rings, necklaces, earrings, pendants, bracelets and small statues. It operates primarily in China, Hong Kong, Macau, Taiwan, Malaysia and Singapore. Chow Tai Fook Jewellery Group is headquartered in Central, Hong Kong. “
Shares of OTCMKTS CJEWY opened at $10.07 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.38 and a quick ratio of 0.69. The company has a market cap of $10.19 billion, a P/E ratio of 19.37, a price-to-earnings-growth ratio of 1.26 and a beta of 0.06. CHOW TAI FOOK J/ADR has a 12-month low of $8.36 and a 12-month high of $14.43.
CHOW TAI FOOK J/ADR Company Profile
Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products. The company offers high-end luxury, mass luxury, and youth line jewelry products, including gem-set, gold, and platinum/karat gold products under the Chow Tai Fook, Hearts On Fire, MONOLOGUE, and SOINLOVE brands.
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