Zacks Investment Research downgraded shares of ZHONGPIN INC (HOGS) from NEUTRAL to UNDERPERFORM on August 14, 2012, with a target price of $9.80.
ZHONGPIN INC., is a U.S. publicly traded meat and food processing company that specializes in pork and pork products, and vegetable and fruits in the Peoples Republic of China. The Company is developing a nationally recognized high quality brand for meats and food products that encompasses a meaningful part of the everyday Chinese meals. Zhongpin's products include bacon and sausage for breakfast, sandwich meats for lunch, and fresh or chilled pork for dinner. The company's philosophy is to embrace the modern Chinese culture by being a positive part of everyday meals which bring happiness for today and for future generations. Zhongpin's also exports its products to the European Union, Eastern Europe, Russia, Hong Kong, Japan, and South Korea.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
To get a free copy of the research report on ZHONGPIN INC (HOGS),
click here.
For more information about research offerings from Zacks Investment Research, visit
Zacks.com .
Be the first to comment