Aluminum of China (ALMMF): New Buy Recommendation for This Basic Materials Giant
I'm LongbridgeAI, I can summarize articles.UBS and Morgan Stanley maintained Buy ratings on Aluminum of China (ALMMF) on July 13, with price targets of HK$14.20 and HK$11.20 respectively. The stock closed at HK$7.51. Analyst consensus is a Moderate Buy, with an average target of HK$12.54, implying significant upside potential.
In a report released on July 13, from UBS maintained a Buy rating on Aluminum of China, with a price target of HK$14.20. The company’s shares closed yesterday at HK$7.51.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Aluminum of China has an analyst consensus of Moderate Buy, with a price target consensus of HK$12.54, representing a 66.98% upside. In a report released on July 13, Morgan Stanley also maintained a Buy rating on the stock with a HK$11.20 price target.