CRRC CORP LTD sees an upgrade to Slightly Positive due to a better fundamental star rating
The general evaluation of CRRC CORP LTD (CN), a company active in the Commercial Vehicles & Trucks industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 2 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date December 28, 2021, the closing price was CNY 6.04 and its potential was estimated at CNY 7.05.CRRC Corporation Limited, formerly CSR Corporation Limited, is a China-based company, principally engaged in the manufacture and distribution of railway transportation equipment. The Company's main businesses consist of the research and development, design, manufacture, repair, distribution and leasing of railway locomotives, electric multiple units (EMUs), rapid transit vehicles, engineering machinery, mechanical and electrical equipment, electronic devices and components, electronics and environmental protection equipment. The Company is also engaged in the provision of related technical services. The Company distributes its products within domestic market and to overseas markets.
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