Goldman Sachs Downgrades Yanzhou Coal Mining to “Sell” (YZC) - InvestingChannel

Goldman Sachs Downgrades Yanzhou Coal Mining to “Sell” (YZC)

Yanzhou Coal Mining (NYSE: YZC)

Shares of Yanzhou Coal Mining traded down 0.46% during mid-day trading on Thursday, hitting $17.46. Yanzhou Coal Mining has a one year low of $12.64 and a one year high of $25.81. The stock?s 50-day moving average is currently $17.06. The company has a market cap of $8.578 billion and a P/E ratio of 7.07.

A number of other firms have also recently commented on YZC. Analysts at Zacks upgraded shares of Yanzhou Coal Mining from an ?underperform? rating to a ?neutral? rating in a research note to investors on Tuesday, January 1st. They now have a $17.50 price target on the stock. Separately, analysts at UBS AG downgraded shares of Yanzhou Coal Mining from a ?buy? rating to a ?sell? rating in a research note to investors on Tuesday, November 13th. Finally, analysts at HSBC downgraded shares of Yanzhou Coal Mining from a ?neutral? rating to an ?underweight? rating in a research note to investors on Monday, October 29th.

One research analyst has rated the stock with a buy rating, two have given an overweight rating, eleven have assigned a hold rating, four have given an underweight rating, and fourteen have assigned a sell rating to the company. The stock presently has a consensus rating of ?underweight? and an average target price of $13.81.

Yanzhou Coal Mining Company Limited (Yanzhou Coal) is engaged in the mining, preparation and sale of coal, as well as the railway transportation of coal.