Aluminum Co. of China (NYSE:ACH) was upgraded by Credit Suisse Group from an “underperform” rating to an “outperform” rating in a research report issued on Tuesday, MarketBeat Ratings reports.
Several other equities research analysts have also recently commented on the stock. Morgan Stanley cut shares of Aluminum Co. of China from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, January 9th. Goldman Sachs raised shares of Aluminum Co. of China from a “sell” rating to a “neutral” rating in a research report on Monday, March 26th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold”.
ACH opened at $15.30 on Tuesday. Aluminum Co. of China has a 12 month low of $11.01 and a 12 month high of $23.54. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.53 and a current ratio of 0.76.
Aluminum Co. of China Company Profile
Aluminum Corporation of China Limited, together with its subsidiaries, engages in the manufacture and distribution of alumina, primary aluminum and energy products in the People's Republic of China. It operates through Alumina, Primary Aluminum, Trading, and Energy segments. The Alumina segment is involved in mining and purchasing of bauxite and other raw materials; and production and sale of alumina, as well as alumina-related products, such as alumina hydrate, alumina-based chemical products, and gallium.
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