China Yuchai International (NYSE:CYD) Stock Rating Lowered by Wall Street Zen

China Yuchai International (NYSE:CYD) was downgraded by equities research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued on Saturday.

CYD has been the topic of a number of other research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of China Yuchai International in a research note on Monday, December 22nd. UBS Group began coverage on China Yuchai International in a research report on Tuesday, January 6th. They set a “buy” rating and a $60.00 price target on the stock. Finally, Zacks Research upgraded China Yuchai International from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $60.00.

China Yuchai International Trading Up 8.5%

CYD opened at $50.24 on Friday. China Yuchai International has a one year low of $12.66 and a one year high of $56.55. The business’s fifty day moving average is $44.76 and its two-hundred day moving average is $39.19.

Institutional Trading of China Yuchai International

Large investors have recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of China Yuchai International in the third quarter valued at $28,000. Global Retirement Partners LLC bought a new stake in China Yuchai International in the third quarter valued at approximately $42,000. Public Employees Retirement Association of Colorado acquired a new position in China Yuchai International in the fourth quarter valued at about $50,000. Advisory Services Network LLC acquired a new stake in China Yuchai International in the 3rd quarter valued at approximately $66,000. Finally, Deutsche Bank AG bought a new stake in China Yuchai International in the 4th quarter valued at approximately $67,000.

China Yuchai International Company Profile

China Yuchai International Ltd. (NYSE: CYD) is a Cayman Islands–incorporated holding company with principal executive offices in Singapore. Through its subsidiaries, the company is a leading manufacturer and distributor of diesel engines in the People’s Republic of China. Its principal operating subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL), has been producing diesel engines since 1951 and ranks among the country’s largest heavy-duty engine makers.

The company’s core product portfolio includes high-speed and medium-speed diesel engines for on-highway trucks and buses, off-road vehicles such as construction and agricultural machinery, marine propulsion systems, and power generator sets.