News Snapshot:
Zacks Investment Research upgraded shares of China Communications Construction (OTCMKTS:CCCGY) from a hold rating to a buy rating in a research note released on Monday, Zacks.com reports. The brokerage currently has $9.00 target price on the stock. According to Zacks, “China Railway Construction Corporation Limited is engaged in engineering construction while providing project contracting, survey, design and consultation, industrial manufacturing, exploitation of real estate, capital operation and logistics. The Company is also engaged in scientific research, planning, survey, design, constructing, superintending, operating and equipment manufacturing. CRCC designs and constructs plateau railway, high-speed railway, expressway, bridges, tunnels and urban track transportation...
