Analysts Set $12.30 Target Price for CLP Holdings Limited (CLPHY)
Shares of CLP Holdings Limited (NASDAQ:CLPHY) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokers have set a one year consensus price objective of $12.30 for the company, according to Zacks. Zacks has also assigned CLP Holdings Limited an industry rank of 189 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded shares of CLP Holdings Limited from a “sell” rating to a “hold” rating in a research note on Wednesday, August 30th.
CLP Holdings Limited (NASDAQ CLPHY) opened at 10.28 on Friday. The firm has a market capitalization of $25.97 billion and a P/E ratio of 16.24. CLP Holdings Limited has a 1-year low of $9.05 and a 1-year high of $11.00. The stock has a 50 day moving average of $10.31 and a 200-day moving average of $10.57.
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About CLP Holdings Limited
CLP Holdings Limited is an investment holding company. The principal activities of the Company’s subsidiaries are the generation and supply of electricity in Hong Kong, India and Australia, and investment holding of power projects in Mainland China, Southeast Asia and Taiwan. The Company is an operator in the energy sector of the Asia-Pacific region.
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