Hang Lung Properties Ltd. (OTCMKTS:HLPPY – Get Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $4.41, but opened at $4.20. Hang Lung Properties shares last traded at $4.20, with a volume of 860 shares trading hands.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of Hang Lung Properties to a “hold” rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Hang Lung Properties currently has an average rating of “Hold”.
Get Our Latest Report on HLPPY
Hang Lung Properties Stock Up 0.6%
About Hang Lung Properties
Hang Lung Properties Limited is a Hong Kong-based property developer, owner and manager. The company develops and operates a portfolio of commercial, residential, retail and hospitality properties, including shopping malls, office buildings, luxury residences and hotels.
The company serves markets in Hong Kong and mainland China. Its mainland portfolio includes major commercial developments in cities such as Shanghai, Shenyang, Jinan, Wuxi, Kunming, Wuhan, Hangzhou and Ningbo. Hang Lung Properties is known for developing large-scale mixed-use projects that combine retail, office, residential and hotel components.
Hang Lung Properties is part of the Hang Lung Group and has roots dating to the group’s establishment in Hong Kong in 1960.
Further Reading
- Five stocks we like better than Hang Lung Properties
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
- Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
- AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact
Receive News & Ratings for Hang Lung Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hang Lung Properties and related companies with MarketBeat.com's FREE daily email newsletter.
