Zacks Investment Research upgraded shares of CHINA GERUI ADV (CHOP) from NEUTRAL to OUTPERFORM on July 20, 2012, with a target price of $2.90.
China Gerui Advanced Materials Group Limited is a leading niche and high value-added steel processing company that utilizes advanced technology to produce specialty steel products in China. The Company produces high-end, high-precision, ultra-thin, high-strength, cold-rolled steel products that are characterized by stringent performance and specification requirements that mandate a high degree of manufacturing and engineering expertise. Gerui's products are not standardized commodity products, but are tailored to customers' requirements and then incorporated into products they and end-users make for various applications. The Company sells its products to domestic Chinese customers in a diverse range of industries, including the food packaging, telecommunication, electrical appliance, and construction materials industries.
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 CHINA GERUI ADV (CHOP),
click here.
For more information about research offerings from Zacks Investment Research, visit
Zacks.com .
Be the first to comment