Swire Pacific Ltd. (OTCMKTS:SWRAY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Tuesday.

According to Zacks, “SWIRE PACIFIC LIMITED is one of Hong Kong’s leading listed companies, with diversified interests in five operating divisions: Property, Aviation, Beverages, Marine Services and Trading & Industrial. The company’s operations are predominantly based in the Greater China region, where the Swire group has been established for over 130 years. Swire Pacific seeks to foster long-term, sustainable growth through active participation in management, underpinned by a strong financial base. “

Swire Pacific (OTCMKTS:SWRAY) opened at 10.025 on Tuesday. Swire Pacific has a 12 month low of $9.06 and a 12 month high of $12.13. The company’s 50 day moving average price is $0.00 and its 200 day moving average price is $0.00.

TRADEMARK VIOLATION NOTICE: “Zacks Investment Research Upgrades Swire Pacific Ltd. (SWRAY) to Hold” was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this report on another site, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this report can be accessed at https://www.thecerbatgem.com/2016/11/29/zacks-investment-research-upgrades-swire-pacific-ltd-swray-to-hold.html.

Swire Pacific Company Profile

Swire Pacific Limited is a Hong Kong-based investment holding company principally engaged in property businesses. The Company operates through five segments. The Property segment is engaged in the investment, development and operation of commercial properties in Hong Kong and Mainland China. The Aviation segment is engaged in airline operation, airline engineering, air cargo terminal operation, as well as the provision of airline catering and ground services.

Receive News & Stock Ratings for Swire Pacific Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swire Pacific Ltd. and related stocks with our FREE daily email newsletter.