CHOW TAI FOOK J/ADR (CJEWY) Lowered to Hold at Zacks Investment Research
Zacks Investment Research downgraded shares of CHOW TAI FOOK J/ADR (OTCMKTS:CJEWY) from a buy rating to a hold rating in a research note released on Tuesday.
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. “
Separately, CLSA downgraded shares of CHOW TAI FOOK J/ADR from an outperform rating to an underperform rating in a research report on Friday, November 30th.
The company also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, January 9th. Investors of record on Wednesday, December 12th will be paid a dividend of $0.172 per share. The ex-dividend date is Tuesday, December 11th. CHOW TAI FOOK J/ADR’s dividend payout ratio (DPR) is presently 55.77%.
About CHOW TAI FOOK J/ADR
Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products. The company offers high-end luxury, mass luxury, and youth line jewelry products, including gem-set, gold, and platinum/karat gold products under the Chow Tai Fook, Hearts On Fire, MONOLOGUE, and SOINLOVE brands.
Featured Article: Why is the LIBOR significant?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for CHOW TAI FOOK J/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CHOW TAI FOOK J/ADR and related companies with MarketBeat.com's FREE daily email newsletter.