Dongfeng Motor Group (OTCMKTS:DNFGY) Downgraded by ValuEngine to “Strong Sell”

ValuEngine downgraded shares of Dongfeng Motor Group (OTCMKTS:DNFGY) from a sell rating to a strong sell rating in a research note published on Saturday morning, ValuEngine reports.

DNFGY has been the topic of a number of other research reports. Zacks Investment Research raised shares of Dongfeng Motor Group from a hold rating to a buy rating and set a $51.00 price objective on the stock in a research note on Wednesday, September 4th. Morgan Stanley raised shares of Dongfeng Motor Group from an equal weight rating to an overweight rating in a research note on Monday, July 1st. Finally, Citigroup raised shares of Dongfeng Motor Group from a sell rating to a neutral rating in a research note on Wednesday, August 7th.

Shares of OTCMKTS DNFGY opened at $49.75 on Friday. Dongfeng Motor Group has a 12 month low of $37.91 and a 12 month high of $55.44. The firm’s 50 day simple moving average is $47.96 and its 200-day simple moving average is $45.42.

Dongfeng Motor Group Company Profile

Dongfeng Motor Group Company Limited manufactures and sells commercial vehicles, passenger vehicles, and auto engines and parts in the People's Republic of China. The company operates through four segments: Commercial Vehicles, Passenger Vehicles, Financing Service, and Corporate and Others. It provides commercial vehicles, including trucks and buses; passenger vehicles comprising basic passenger cars, MPVs, and SUVs; and electric vehicles, off-road vehicles, and special commercial vehicles.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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