Zacks Investment Research upgraded shares of AGILE GRP HOLDI/ADR (OTCMKTS:AGPYY) from a hold rating to a buy rating in a research note issued to investors on Tuesday, Zacks.com reports. The brokerage currently has $75.00 price target on the stock.
According to Zacks, “Agile Property Holdings Limited is engaged in the business of property development and operation, with extensive involvement in property management, commercial property and hotel operation. The company develops property development projects in several key cities of China, specifically in Guangzhou, Zhongshan, Foshan, Heyuan, Huizhou, Shanghai, Nanjing, Chengdu, Xi’an, Chongqing and Hainan. Agile Property Holdings Limited is headquartered in Zhongshan, China. “
AGILE GRP HOLDI/ADR stock remained flat at $$62.89 during trading hours on Tuesday. The firm has a market cap of $5.23 billion, a price-to-earnings ratio of 4.54 and a beta of 0.47. AGILE GRP HOLDI/ADR has a twelve month low of $55.22 and a twelve month high of $104.18. The business has a fifty day simple moving average of $62.89 and a 200-day simple moving average of $65.46.
Agile Group Holdings Limited, an investment holding company, engages in the property development, property management, hotel operation, property investment, environmental protection, and other businesses in the People's Republic of China. As of December 31, 2017, the company had a land bank with a total gross floor area of 34.10 million square meters in 53 cities and districts located in Southern China region, Eastern China region, Western China region, Central China region, Hainan and Yunnan region, Northeast China region, Northern China region, and Kuala Lumpur of Malaysia, as well as South San Francisco of the United States.
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