HOCHTIEF Aktiengesellschaft (OTCMKTS:HOCFF) Downgraded by HSBC to Hold

HSBC downgraded shares of HOCHTIEF Aktiengesellschaft (OTCMKTS:HOCFF) from a buy rating to a hold rating in a research report report published on Wednesday morning, FlyOnTheWall reports.

HOCHTIEF Aktiengesellschaft Price Performance

HOCFF opened at C$107.55 on Wednesday. The company has a 50-day moving average of C$94.60 and a 200-day moving average of C$85.44. HOCHTIEF Aktiengesellschaft has a 1-year low of C$46.95 and a 1-year high of C$110.00.

About HOCHTIEF Aktiengesellschaft

Hochtief AG operates as a holding company, which engages in the real estate business. It operates through the following segments: HOCHTIEF Americas, HOCHTIEF Asia Pacific, HOCHTIEF Europe, Abertis Investment, and Corporate. The HOCHTIEF Americas segment refers to the construction activities in Canada and the United States of America.