Goldman Sachs analyst Simon Cheung downgraded Wharf Real Estate Investment to Sell from Neutral. The analyst believes that the company could suffer from continued slow asset turns, depressed returns from its China residential properties and more volatility from its equity investment portfolio.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on WRFRF:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue