ZTE/Shs H Vtg 1.00 (OTCMKTS:ZTCOF) Stock Rating Upgraded by Goldman Sachs Group

Goldman Sachs Group upgraded shares of ZTE/Shs H Vtg 1.00 (OTCMKTS:ZTCOF) from a neutral rating to a buy rating in a research note published on Tuesday, May 7th, Briefing.com Automated Import reports.

A number of other brokerages also recently issued reports on ZTCOF. Jefferies Financial Group raised ZTE/Shs H Vtg 1.00 from a hold rating to a buy rating in a research note on Tuesday, April 9th. Nomura raised ZTE/Shs H Vtg 1.00 from a neutral rating to a buy rating in a research note on Thursday, March 28th.

ZTCOF traded up $0.06 on Tuesday, hitting $2.60. 4,850 shares of the company traded hands, compared to its average volume of 19,475. ZTE/Shs H Vtg 1.00 has a 12-month low of $1.30 and a 12-month high of $3.44.

ZTE/Shs H Vtg 1.00 Company Profile

ZTE Corporation provides telecommunications and information technology (IT) worldwide. It operates through three segments: Carriers' Networks, Consumer Business, and Government and Corporate Business. The company offers wireless products, base stations, network optimization tools, controllers, GoTa products, network management products, and infrastructure products; optical transmission products, such as WDM-OTN and MSTP; data communication products comprising Ethernet switch, IPTN, router and BMSG, and SDN and NFV products; and microwave products.

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