Sun Hung Kai Properties (OTCMKTS:SUHJY - Get Free Report) was downgraded by investment analysts at UBS Group from a "strong-buy" rating to a "hold" rating in a research note issued to investors on Thursday,Zacks.com reports.
Separately, Zacks Research lowered shares of Sun Hung Kai Properties from a "strong-buy" rating to a "hold" rating in a report on Friday, September 12th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of "Hold".
Read Our Latest Stock Analysis on SUHJY
Sun Hung Kai Properties Stock Performance
Sun Hung Kai Properties stock opened at $12.19 on Thursday. Sun Hung Kai Properties has a 52-week low of $8.19 and a 52-week high of $12.70. The firm has a 50 day moving average price of $12.07 and a two-hundred day moving average price of $11.12.
About Sun Hung Kai Properties
(
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Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder's comprehensive, fire, employees' compensation, travel, personal accident, motor vehicles, contractors' all risks, third party liability, and property all risks.
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