Despite a better risk assessment and improving to Neutral, IFLYTEK CO LTD remains under pressure
IFLYTEK CO LTD (CN), a company active in the Software 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 February 4, 2022, the closing price was CNY 43.40 and its target price was estimated at CNY 38.74.Iflytek is engaged in value-added telecommunications operation; professional technical personnel training services; development, production and selling of computer software and hardware, as well as the provision of its related technical services; provision of system engineering and information services; research, development, manufacture and selling of electronic products and computer communication equipment; involve in import and export trading; security and protection technology engineering; house leasing; property management services; and design, production, acting as agency and publishing of advertisement.
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