Sunny Optical Tech (OTCMKTS:SNPTF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Wednesday. The brokerage presently has a $15.00 price target on the stock. Zacks Investment Research‘s price objective would indicate a potential upside of 3.91% from the company’s previous close.

According to Zacks, “Sunny Optical Technology Group Co., Limited is engaged in the design, research and development, manufacture and sales of optical and optical-related products. Optical components product includes glass spherical and aspherical lenses, plane products, handset lens sets, vehicle lens sets and other various lens sets. Optoelectronic products includes handset camera modules, three-dimensional optoelectronic products, security cameras and other optoelectronic modules and optical instruments includes microscopes, optical measuring instruments and various high-end optical analytical instrument. Sunny Optical Technology Group Co., Limited is based in Yuyao, the People’s Republic of China. “

Shares of Sunny Optical Tech (OTCMKTS SNPTF) opened at $14.43 on Wednesday. Sunny Optical Tech has a 12 month low of $5.58 and a 12 month high of $19.38.

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About Sunny Optical Tech

Sunny Optical Technology (Group) Company Limited, an investment holding company, researches and develops, designs, manufactures, and sells optical and optical-related products, and scientific instruments. The company operates in three segments: Optical Components, Optoelectronic Products, and Optical Instruments.

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