Shares of Aluminum Corp. of China Limited (NYSE:ACH) have been given a consensus rating of “Buy” by the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. assumed coverage on Aluminum Corp. of China in a research note on Monday, September 25th. They set a “neutral” rating for the company. cut Aluminum Corp. of China from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Finally, Morgan Stanley cut Aluminum Corp. of China from an “overweight” rating to an “equal weight” rating in a research note on Tuesday.

Shares of Aluminum Corp. of China (NYSE ACH) traded down $0.78 during midday trading on Tuesday, reaching $18.59. The company’s stock had a trading volume of 101,800 shares, compared to its average volume of 85,260. Aluminum Corp. of China has a one year low of $10.33 and a one year high of $23.54. The stock has a market capitalization of $15,430.00, a PE ratio of 74.36 and a beta of 0.04.

Large investors have recently added to or reduced their stakes in the business. AMP Capital Investors Ltd purchased a new position in Aluminum Corp. of China in the third quarter worth $286,000. Jane Street Group LLC raised its position in Aluminum Corp. of China by 496.2% in the third quarter. Jane Street Group LLC now owns 198,506 shares of the basic materials company’s stock worth $4,401,000 after acquiring an additional 165,212 shares in the last quarter. Citigroup Inc. raised its position in Aluminum Corp. of China by 6.3% in the second quarter. Citigroup Inc. now owns 121,106 shares of the basic materials company’s stock worth $1,560,000 after acquiring an additional 7,173 shares in the last quarter. Profund Advisors LLC raised its position in Aluminum Corp. of China by 43.0% in the second quarter. Profund Advisors LLC now owns 19,928 shares of the basic materials company’s stock worth $257,000 after acquiring an additional 5,988 shares in the last quarter. Finally, Parametric Portfolio Associates LLC raised its position in Aluminum Corp. of China by 6.4% in the second quarter. Parametric Portfolio Associates LLC now owns 113,885 shares of the basic materials company’s stock worth $1,467,000 after acquiring an additional 6,806 shares in the last quarter. Hedge funds and other institutional investors own 0.37% of the company’s stock.

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About Aluminum Corp. of China

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