HSBC analyst Evan Li upgraded China Resources Gas to Buy from Hold with a price target of HK$34, down from HK$36. The analyst says weak results are the China gas utilities sector with a recovery "in sight."
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly