Hangzhou Iron & Steel Co. Ltd. A

Hang Zhou Iron & Steel is engaged in the metallurgy industry that manufactures and sells steel, iron, rolling products, coke and its related byproducts; development, cooperation, consultation, service and training of metallurgy and coking technology; and import and export businesses. Through its subsidiaries, Co. is also engaged in water, electricity and steam generation and distribution; processing of machinery; development, service and training of dynamic technology; research, development, manufacture and sale of computer hardware and software; contracting of computer network engineering projects and processing and sale of metallic materials.
  • Ticker600126
  • ISINCNE000000V97
  • ExchangeShanghai Stock Exchange
  • SectorIndustrial Metals & Mining
  • CountryChina

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

Despite a better risk assessment and improving to Neutral, HANGZHOU IRON & STL.CO. remains under pressure

HANGZHOU IRON & STL.CO. (CN), a company active in the Steel industry, improves its market behaviour and slightly increases its general evaluation. The independent financial analyst theScreener just upgraded the stock market behaviour as moderately risky. At a fundamental level, theScreener confirms 1 out of 4 possible stars; the general evaluation is slightly increased to Neutral but the title remains under pressure. As of the analysis date January 16, 2018, the closing price was CNY 6.80 and its target price was estimated at CNY 5.93.

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Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior