An unfavourable environment weighs on CHENGTUN MINING GP.CTD., which sees a downgrade to Negative
The independent financial analyst theScreener just requalified the general evaluation of CHENGTUN MINING GP.CTD. (CN), active in the Steel industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Negative. As of the analysis date October 1, 2019, the closing price was CNY 5.12 and its target price was estimated at CNY 4.00.Xiamen Eagle Group is engaged in the research, development, manufacture, sale and provision of services for network intelligence equipments, financial and communication industry software and hardware, and other products; the provision of personnel education and training; the import and export businesses; the investment and construction of telecommunication networks; the real estate development, operation and the property management; the medical industry; the hotel industry; the investment and establishment of industries; the domestic trade; the supply of commodities; and the provision of information consultation.
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