Swire Pacific Ltd. (OTCMKTS:SWRAY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $13.07, but opened at $13.82. Swire Pacific shares last traded at $13.82, with a volume of 286 shares.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised Swire Pacific from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. One investment analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat, the company currently has an average rating of “Strong Buy”.
Check Out Our Latest Research Report on Swire Pacific
Swire Pacific Stock Up 5.7%
About Swire Pacific
Swire Pacific Limited is a Hong Kong-based diversified business group with operations spanning property, beverages and food, aviation, marine services, and trading and industrial activities. The company is the listed parent of a range of businesses associated with the Swire Group and serves customers and commercial partners across Asia and selected international markets.
Its property division, Swire Properties, develops, owns and manages premium commercial, retail and residential projects, particularly in Hong Kong and mainland China.
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