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.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on WRFRF: