AGILE GRP HOLDI/ADR (OTCMKTS:AGPYY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday, Zacks.com reports.
According to Zacks, “Agile Property Holdings Limited is engaged in the business of property development and operation, with extensive involvement in property management, commercial property and hotel operation. The company develops property development projects in several key cities of China, specifically in Guangzhou, Zhongshan, Foshan, Heyuan, Huizhou, Shanghai, Nanjing, Chengdu, Xi’an, Chongqing and Hainan. Agile Property Holdings Limited is headquartered in Zhongshan, China. “
Separately, Goldman Sachs Group raised AGILE GRP HOLDI/ADR from a “buy” rating to a “conviction-buy” rating in a report on Thursday, June 4th.
About AGILE GRP HOLDI/ADR
Agile Group Holdings Limited, an investment holding company, engages in the property development, property management, hotel operation, property investment, environmental protection, and other businesses in the People's Republic of China. As of December 31, 2017, the company had a land bank with a total gross floor area of 34.10 million square meters in 53 cities and districts located in Southern China region, Eastern China region, Western China region, Central China region, Hainan and Yunnan region, Northeast China region, Northern China region, and Kuala Lumpur of Malaysia, as well as South San Francisco of the United States.
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