Shares of Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF – Get Free Report) gapped down before the market opened on Thursday. The stock had previously closed at $15.80, but opened at $15.05. Hon Hai Precision Industry Co., Ltd. Sponsored GDR shares last traded at $15.37, with a volume of 400 shares traded.
Wall Street Analysts Forecast Growth
Separately, Barclays reaffirmed an “overweight” rating and issued a $23.00 price objective on shares of Hon Hai Precision Industry Co., Ltd. Sponsored GDR in a research report on Thursday, August 20th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Hon Hai Precision Industry Co., Ltd. Sponsored GDR has a consensus rating of “Buy” and a consensus target price of $23.00.
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Hon Hai Precision Industry Co., Ltd. Sponsored GDR Stock Performance
Hon Hai Precision Industry Co., Ltd. Sponsored GDR Company Profile
Hon Hai Precision Industry Co, Ltd., commonly known as Foxconn, is a Taiwan-based electronics manufacturing services company. It provides product design, component manufacturing, assembly, testing, supply-chain management and after-sales services for technology companies and other industrial customers.
The company manufactures and supports a broad range of products, including smartphones, computers, servers, networking equipment, televisions, game consoles, electronic components and connectors.
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