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Analysts buoyant on Yangzijiang despite choppy waters ahead

Amala Balakrishner
Amala Balakrishner • 5 min read
Analysts buoyant on Yangzijiang despite choppy waters ahead
Eight of the 11 research houses covering Yanzijiang have “buy” ratings on the stock.
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SINGAPORE (Mar 2): Mainboard-listed Yangzijiang Shipbuilding (YZJ) has been battered by waves of negative news recently, including the “disappearance” of its talismanic executive chairman and a set of FY2019 results that missed consensus estimates.

But analysts remain buoyant on the counter: Eight of the 11 research houses covering YZJ have “buy” ratings on the stock.

To be sure, more choppy waters lie ahead for YZJ.

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