The Zhejiang Expressway Co., Ltd. (NASDAQ:ZHEXY) Given Average Recommendation of “Strong Buy” by Analysts

The Zhejiang Expressway Co., Ltd. (NASDAQ:ZHEXY) Given Average Recommendation of “Strong Buy” by Analysts

Zhejiang Expressway Co., Ltd. (NASDAQ:ZHEXY) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Zacks has also assigned Zhejiang Expressway Co. an industry rank of 175 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research raised shares of Zhejiang Expressway Co. from a “sell” rating to a “hold” rating in a research note on Wednesday, September 7th.

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Shares of Zhejiang Expressway Co. (NASDAQ:ZHEXY) remained flat at $10.86 during mid-day trading on Friday. The stock has a market capitalization of $4.72 billion and a P/E ratio of 10.97. The company’s 50 day moving average price is $10.88 and its 200 day moving average price is $10.31. Zhejiang Expressway Co. has a 12 month low of $8.79 and a 12 month high of $12.38.

Zhejiang Expressway Co. Company Profile

Zhejiang Expressway Co, Ltd. is an investment holding company. The Company is an infrastructure company whose principal activities comprise the operation, maintenance and management of roads, development and operation of certain ancillary services, such as advertising and fuel facilities, as well as provision of security broking service and proprietary securities trading.

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