Credit Suisse Group upgraded shares of Geely Automobile (OTCMKTS:GELYF) to a buy rating in a research report report published on Tuesday, TipRanks reports.
Several other research firms also recently commented on GELYF. Sanford C. Bernstein upgraded shares of Geely Automobile from a market perform rating to an outperform rating in a research note on Tuesday, January 7th. Nomura restated a buy rating on shares of Geely Automobile in a research note on Tuesday, January 7th. Finally, Piper Jaffray Companies assumed coverage on shares of Geely Automobile in a research note on Tuesday, December 3rd. They issued an overweight rating for the company. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the company. The company presently has an average rating of Buy.
OTCMKTS:GELYF opened at $1.85 on Tuesday. The company has a fifty day simple moving average of $1.86 and a two-hundred day simple moving average of $1.76. Geely Automobile has a 52 week low of $1.34 and a 52 week high of $2.41.
Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People's Republic of China. The company engages in the research, development, production, marketing, and sale of automobiles, automobile parts, and related automobile components.
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