Sinopec Shanghai Petrochemical Co. (NYSE:SHI) Given Consensus Recommendation of ࢀœHoldࢀ by Brokerages

Sinopec Shanghai Petrochemical Co. (NYSE:SHI) has received a consensus recommendation of ࢀœHoldࢀ from the six ratings firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating and three have issued a hold rating on the company. SHI has been the subject of several analyst reports. ValuEngine lowered Sinopec Shanghai Petrochemical from a ࢀœsellࢀ rating to a ࢀœstrong sellࢀ rating in a report on Tuesday, September 1st. HSBC lowered Sinopec Shanghai Petrochemical from a ࢀœholdࢀ rating to a ࢀœreduceࢀ rating in a report on Monday, June 1st. Finally, Zacks Investment Research…