CIFI Holdings (Group) (OTCMKTS:CFFHF) Stock Rating Upgraded by HSBC

CIFI Holdings (Group) (OTCMKTS:CFFHFGet Rating) was upgraded by analysts at HSBC from a “reduce” rating to a “hold” rating in a research report issued on Friday, The Fly reports.

Several other brokerages have also commented on CFFHF. JPMorgan Chase & Co. lowered CIFI Holdings (Group) from a “neutral” rating to an “underweight” rating in a research report on Thursday, September 29th. China Renaissance lowered CIFI Holdings (Group) from a “buy” rating to a “hold” rating in a report on Monday, October 17th. Daiwa Capital Markets lowered CIFI Holdings (Group) from a “buy” rating to a “hold” rating in a report on Friday, September 30th. Finally, DBS Vickers lowered CIFI Holdings (Group) from a “buy” rating to a “hold” rating in a report on Tuesday, September 6th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. Based on data from MarketBeat, CIFI Holdings (Group) presently has an average rating of “Hold” and an average price target of 2.10.

CIFI Holdings (Group) Stock Performance

Shares of CIFI Holdings (Group) stock opened at 0.33 on Friday. CIFI Holdings has a one year low of 0.33 and a one year high of 0.33. The company’s 50-day simple moving average is 0.33.

About CIFI Holdings (Group)

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CIFI Holdings (Group) Co Ltd., an investment holding company, invests in, develops, and manages properties in the People's Republic of China. The company operates through Sales of Properties and Other Property Related Services; Property Investment; and Property Management and Other Services segments.

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Analyst Recommendations for CIFI Holdings (Group) (OTCMKTS:CFFHF)

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