Citi upgrades SMIC to 'neutral' with a price target of HK$21.00

  • Investing.com
Citi upgrades SMIC to 'neutral' with a price target of HK$21.00

An analyst from Citi upgraded SMIC (HK: 0981 ) from 'sell' to 'neutral' with a price target of HK$21.00 from a prior price target of %currency%%price%.

Prior to this rating, SMIC had 7 buy ratings, 9 hold ratings, and 6 sell ratings.

For consensus analyst estimates and price targets on SMIC, click here. For more news on SMIC, click here.

SMIC's stock price closed at $20.50. They are down -16.84% in the last month and up 31.07% in the last 12 months.

According to Investing Pro, SMIC's fair value is $17.28, a downside of 15.72%. SMIC's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out SMIC's recent earnings performance and financials here.

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