Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL) Upgraded to “Buy” at Wall Street Zen

Wall Street Zen upgraded shares of Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL) from a hold rating to a buy rating in a research report report published on Saturday,Wall Street Zen reports.

Separately, Cantor Fitzgerald started coverage on shares of Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five in a report on Tuesday, September 8th. They issued an “overweight” rating and a $31.00 target price on the stock. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five has an average rating of “Buy” and a consensus target price of $31.00.

Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five Stock Down 0.2%

Shares of Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five stock opened at $16.21 on Friday. Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five has a one year low of $15.15 and a one year high of $28.49.

Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five Company Profile

Londian Wason New Energy Tech Inc is a holding company whose operations are conducted through subsidiaries in China. The company focuses on the production and sale of aluminum foil products for new-energy and other industrial applications.

Its product activities are associated with aluminum foil used in lithium-ion batteries and related energy-storage applications, as well as foil products serving broader commercial and manufacturing markets. These materials may be supplied to battery, electronics, packaging, and other industrial customers.

Publicly available information about the company’s operating history, geographic reach, and executive leadership is limited.