China Yuchai International Limited (NYSE:CYD) Stock Has Consensus Target Price of $60.00 According to Analysts

China Yuchai International Limited (NYSE:CYD) has received a consensus recommendation of “Buy” from the five analysts that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $60.00.

Several analysts recently issued reports on the company. Zacks Research lowered China Yuchai International from a “strong-buy” rating to a “hold” rating in a report on Friday, September 25th. Greenridge Global upgraded China Yuchai International from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Wall Street Zen lowered China Yuchai International from a “buy” rating to a “hold” rating in a research report on Saturday, September 26th. Citigroup raised China Yuchai International to a “buy” rating in a research note on Monday, July 27th. Finally, Weiss Ratings lowered China Yuchai International from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, October 8th.

Insider Buying and Selling at China Yuchai International

In related news, Director Neo Kiat sold 8,000 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $45.69, for a total value of $365,520.00. Following the transaction, the director directly owned 8,000 shares of the company’s stock, valued at approximately $365,520. This trade represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Loo Sen sold 13,200 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $46.95, for a total value of $619,740.00. Following the transaction, the chief financial officer owned 13,200 shares in the company, valued at approximately $619,740. This trade represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure.

Institutional Investors Weigh In On China Yuchai International

Several hedge funds and other institutional investors have recently made changes to their positions in CYD. Personal CFO Solutions LLC boosted its stake in China Yuchai International by 2.9% during the 1st quarter. Personal CFO Solutions LLC now owns 10,568 shares of the company’s stock valued at $407,000 after purchasing an additional 293 shares during the period. Farther Finance Advisors LLC grew its holdings in China Yuchai International by 101.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 886 shares of the company’s stock valued at $27,000 after buying an additional 447 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in China Yuchai International by 1.7% in the 1st quarter. Public Employees Retirement System of Ohio now owns 35,186 shares of the company’s stock worth $1,355,000 after buying an additional 603 shares during the period. Parallel Advisors LLC increased its position in China Yuchai International by 565.2% in the 3rd quarter. Parallel Advisors LLC now owns 1,703 shares of the company’s stock worth $53,000 after buying an additional 1,447 shares during the period. Finally, Baron Wealth Management LLC increased its position in China Yuchai International by 32.3% in the 2nd quarter. Baron Wealth Management LLC now owns 7,783 shares of the company’s stock worth $369,000 after buying an additional 1,898 shares during the period.

China Yuchai International Stock Performance

China Yuchai International stock opened at $21.50 on Thursday. The company’s fifty day simple moving average is $30.92 and its 200-day simple moving average is $42.52. China Yuchai International has a 12 month low of $20.94 and a 12 month high of $61.48.

China Yuchai International Company Profile

China Yuchai International Limited (NYSE: CYD) is a holding company whose principal operating subsidiary, Guangxi Yuchai Machinery Company Limited, manufactures and sells engines in China. The company is one of the country’s established engine producers and serves commercial vehicle, transportation, construction, agricultural and marine equipment markets.

Its product portfolio includes diesel, natural-gas and other powertrain products used in trucks, buses, passenger vehicles, construction machinery, agricultural equipment, vessels and power-generation applications.