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Analysts Conflicted on These Technology Names: Yangtze Optical Fibre and Cable Joint Stock Co (OtherYZOFF) and Elisa Corporation (GB:0I8Y)

Analysts have been eager to weigh in on the Technology sector with new ratings on Yangtze Optical Fibre and Cable Joint Stock Co (YZOFFResearch Report) and Elisa Corporation (GB:0I8YResearch Report).

Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF)

DBS analyst Tsz Wang maintained a Hold rating on Yangtze Optical Fibre and Cable Joint Stock Co on April 3 and set a price target of HK$8.30. The company’s shares closed last Wednesday at $0.94, equals to its 52-week low of $0.94.

According to TipRanks.com, Wang is a 3-star analyst with an average return of 3.9% and a 51.4% success rate. Wang covers the Technology sector, focusing on stocks such as Kingdee International Software Group Co, VNET Group, Inc. Sponsored ADR, and Zoom Video Communications.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Yangtze Optical Fibre and Cable Joint Stock Co with a $1.22 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Elisa Corporation (GB:0I8Y)

In a report released yesterday, Siyi He from Citi maintained a Sell rating on Elisa Corporation, with a price target of EUR38.00. The company’s shares closed yesterday at EUR42.00, close to its 52-week low of EUR40.72.

He has an average return of 5.6% when recommending Elisa Corporation.

According to TipRanks.com, He is ranked #3159 out of 8799 analysts.

Currently, the analyst consensus on Elisa Corporation is a Hold with an average price target of EUR46.78, implying an 11.3% upside from current levels. In a report issued on March 27, Exane BNP Paribas also downgraded the stock to Sell with a EUR40.00 price target.

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