Several other analysts have also commented on the stock. Morgan Stanley raised shares of Dongfeng Motor Group from an equal weight rating to an overweight rating in a research report on Monday, July 1st. Citigroup raised shares of Dongfeng Motor Group from a sell rating to a neutral rating in a research report on Wednesday, August 7th. Finally, Zacks Investment Research raised shares of Dongfeng Motor Group from a hold rating to a buy rating and set a $51.00 price target for the company in a research report on Wednesday, September 4th.
DNFGY stock opened at $49.75 on Friday. The firm has a 50-day simple moving average of $47.96 and a two-hundred day simple moving average of $45.42. Dongfeng Motor Group has a one year low of $37.91 and a one year high of $55.44.
Dongfeng Motor Group Company Limited manufactures and sells commercial vehicles, passenger vehicles, and auto engines and parts in the People's Republic of China. The company operates through four segments: Commercial Vehicles, Passenger Vehicles, Financing Service, and Corporate and Others. It provides commercial vehicles, including trucks and buses; passenger vehicles comprising basic passenger cars, MPVs, and SUVs; and electric vehicles, off-road vehicles, and special commercial vehicles.
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