Report
EUR 13.71 For Business Accounts Only

A double requalification allows COSCO SHIPPING EN to improve to Positive

COSCO SHIPPING EN (CN), a company active in the Marine Transportation industry, has received a double requalification by the independent financial analyst theScreener. Its fundamental valuation is now 3 out of 4 stars while its market behaviour can be considered as defensive. theScreener believes that the gain of a star(s) and an improvement in the market risk perception allows upgrading the general evaluation to Positive. As of the analysis date March 29, 2022, the closing price was CNY 6.70 and its potential was estimated at CNY 7.41.
Underlying
COSCO SHIPPING Energy Transportation Co. Ltd. Class A

COSCO Shipping Energy Transportation Co is an investing holding company engaged in the cargo shipping business which mainly consists of the shipment of oil and dry bulk cargoes (primarily coal) along the coastal region of the People's Republic of China and internationally. Co.'s main scope of business includes: investment holding; coastal sea, ocean and Yangtze River cargo transportation; vessel chartering; cargo forwarding and cargo transportation agency services; purchase and sale of ships; repair and construction of containers; ship spare parts purchase and sale agency services; and consultancy and transfer of shipping technology.

Provider
TheScreener
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