Zacks Investment Research cut shares of Geely Automobile H (OTCMKTS:GELYY) from a strong-buy rating to a hold rating in a report published on Tuesday morning.
According to Zacks, “Geely Automobile Holdings Limited is engaged in automobile manufacturing and its related areas. It is a fully integrated independent auto firm with auto eco-systems like designing, research and development, production, distribution and servicing. Geely has its independent R&D in vehicles, engines, transmissions and hybrid technologies. In addition, the company provides moulds for automobile parts and components and automobile services. It also exports sedans. It sells its products through retail distributors and service stations. Geely Automobile Holdings Limited is headquartered in Wanchai, Hong Kong. “
Separately, ValuEngine raised Geely Automobile H from a hold rating to a buy rating in a report on Friday, February 2nd.
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About Geely Automobile H
Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the Peoples Republic of China. It engages in the research, development, production, marketing, and sale of automobiles, automobile parts, and related automobile components. The company primarily offers sedans, sport utility vehicles, and electric vehicle models.
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