Morgan Stanley Reaffirms Their Hold Rating on Tingyi (Cayman Islands) Holding (TCYMF)

In a report released on July 10, from Morgan Stanley maintained a Hold rating on Tingyi (Cayman Islands) Holding, with a price target of HK$13.50. The company’s shares closed last Thursday at HK$11.06.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.

Currently, the analyst consensus on Tingyi (Cayman Islands) Holding is a Moderate Buy with an average price target of HK$13.41.

TCYMF market cap is currently HK$62.35B and has a P/E ratio of 11.93.