Guangzhou R&F Properties (OTCMKTS:GZUHY) Downgraded by JPMorgan Chase & Co. to “Underweight”

JPMorgan Chase & Co. downgraded shares of Guangzhou R&F Properties (OTCMKTS:GZUHY) from a neutral rating to an underweight rating in a report released on Wednesday, The Fly reports.

Separately, The Goldman Sachs Group cut Guangzhou R&F Properties from a neutral rating to a sell rating in a report on Thursday, May 27th.

Guangzhou R&F Properties stock opened at $21.60 on Wednesday. The firm has a 50 day moving average price of $23.88. Guangzhou R&F Properties has a 1 year low of $21.60 and a 1 year high of $26.05.

About Guangzhou R&F Properties

Guangzhou R&F Properties Co, Ltd., together with its subsidiaries, engages in the development and sale of residential and commercial properties in the People's Republic of China, Malaysia, Cambodia, Korea, the United Kingdom, and Australia. The company invests in and develops various properties, including hotels, office buildings, shopping malls, logistic parks, and other retail properties in Beijing, Guangzhou, and other cities.

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