Longfor Group (OTCMKTS:LGFRY) Upgraded at Zacks Research

Zacks Research upgraded shares of Longfor Group (OTCMKTS:LGFRY) to a hold rating in a research report report published on Wednesday,Zacks.com reports.

Separately, The Goldman Sachs Group cut Longfor Group to a “neutral” rating in a report on Wednesday, December 17th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Longfor Group currently has an average rating of “Hold”.

Longfor Group Price Performance

Longfor Group stock opened at C$10.70 on Wednesday. Longfor Group has a 52 week low of C$9.40 and a 52 week high of C$15.49. The company’s 50-day moving average price is C$11.38 and its two-hundred day moving average price is C$12.18.

About Longfor Group

Longfor Group Holdings Limited (OTCMKTS: LGFRY) is a leading integrated real estate developer based in Beijing, China. Established in 1995, the company focuses on property development, property investment and property management. Its core business activities include the design, construction and sale of residential communities, as well as the development of commercial retail properties, office buildings and serviced apartments.

In addition to traditional real estate development, Longfor Group has diversified into the operation and management of urban complexes that combine shopping malls, hotels, offices and cultural facilities.