Shares of Aluminum Corp. of China Limited ADR Class H (NYSE:ACH) have been given an average rating of “Hold” by the six analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company.

Several research analysts have recently issued reports on ACH shares. Goldman Sachs Group cut Aluminum Corp. of China Limited ADR Class H from a “buy” rating to a “neutral” rating in a research note on Wednesday, December 12th. Morgan Stanley cut Aluminum Corp. of China Limited ADR Class H from an “overweight” rating to an “underweight” rating in a research note on Friday, December 14th. CLSA upgraded Aluminum Corp. of China Limited ADR Class H from an “underperform” rating to an “outperform” rating in a research note on Tuesday, January 15th. Finally, HSBC upgraded Aluminum Corp. of China Limited ADR Class H from a “hold” rating to a “buy” rating in a research note on Friday, January 18th.

Shares of NYSE:ACH traded down $0.06 during trading on Friday, hitting $9.78. The stock had a trading volume of 2,729 shares, compared to its average volume of 51,069. Aluminum Corp. of China Limited ADR Class H has a 12-month low of $7.44 and a 12-month high of $16.48. The stock has a market cap of $5.85 billion, a price-to-earnings ratio of 40.88 and a beta of 0.85. The company has a quick ratio of 0.58, a current ratio of 0.87 and a debt-to-equity ratio of 0.77.

A number of hedge funds have recently made changes to their positions in the stock. Hsbc Holdings PLC purchased a new position in Aluminum Corp. of China Limited ADR Class H during the third quarter valued at approximately $7,610,000. BlackRock Inc. raised its position in Aluminum Corp. of China Limited ADR Class H by 25.0% during the second quarter. BlackRock Inc. now owns 146,763 shares of the basic materials company’s stock valued at $1,601,000 after acquiring an additional 29,320 shares in the last quarter. Jane Street Group LLC raised its position in Aluminum Corp. of China Limited ADR Class H by 140.7% during the third quarter. Jane Street Group LLC now owns 40,875 shares of the basic materials company’s stock valued at $453,000 after acquiring an additional 23,895 shares in the last quarter. Finally, Millennium Management LLC purchased a new position in Aluminum Corp. of China Limited ADR Class H during the fourth quarter valued at approximately $199,000. Institutional investors own 0.29% of the company’s stock.

Aluminum Corp. of China Limited ADR Class H Company Profile

Aluminum Corporation of China Limited, together with its subsidiaries, manufactures and sells alumina, primary aluminum, and energy products in the People's Republic of China. The company operates through Alumina, Primary Aluminum, Trading, and Energy segments. The Alumina segment mines for and purchases bauxite and other raw materials; and produces and sells alumina, as well as alumina-related products, such as alumina hydrate, alumina-based chemical products, and gallium.

Recommended Story: Leveraged Buyout (LBO) Explained

Analyst Recommendations for Aluminum Corp. of China Limited ADR Class H (NYSE:ACH)

Receive News & Ratings for Aluminum Corp. of China Limited ADR Class H Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aluminum Corp. of China Limited ADR Class H and related companies with MarketBeat.com's FREE daily email newsletter.