Dongfeng Motor Group Co. (DNFGY) Downgraded by Zacks Investment Research
Zacks Investment Research cut shares of Dongfeng Motor Group Co. (OTCMKTS:DNFGY) from a strong-buy rating to a hold rating in a research report sent to investors on Monday.
According to Zacks, “Dongfeng Motor Group Company Limited is engaged in the manufacture and sale of commercial vehicles, passenger vehicles and auto engines and parts. The Company operates in three business segments: commercial vehicles segment, which manufactures and sells commercial vehicles, and the related engines and other automotive parts; passenger vehicles segment manufactures and sells passenger vehicles, and the related engines and other automotive parts, and corporate and others segment, which manufactures and sells other automobile related products. Dongfeng Motor Group Company Limited is headquartered in Hubei province, the Peoples’ Republic of China. “
Dongfeng Motor Group (OTCMKTS:DNFGY) opened at $63.32 on Monday. Dongfeng Motor Group has a 1-year low of $47.87 and a 1-year high of $71.61.
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