Chow Tai Fook Jewe (CJEWY) Rating Increased to Buy at Zacks Investment Research

Chow Tai Fook Jewe (OTCMKTS:CJEWY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Wednesday. The brokerage presently has a $12.00 target price on the stock. Zacks Investment Research‘s price target indicates a potential upside of 9.29% from the stock’s current price.

According to Zacks, “Chow Tai Fook Jewellery Group manufactures and sells jewelry products. The Company sells rings, necklaces, earrings, pendants, bracelets and small statues. It operates primarily in China, Hong Kong, Macau, Taiwan, Malaysia and Singapore. Chow Tai Fook Jewellery Group is headquartered in Central, Hong Kong. “

Chow Tai Fook Jewe (CJEWY) opened at $10.98 on Wednesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.56 and a current ratio of 2.30. Chow Tai Fook Jewe has a 12 month low of $7.77 and a 12 month high of $12.17.

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