Goldman Sachs downgraded China Coal Energy (CCOZF) to Sell from Neutral with a price target of HK$7.50, down from HK$8.60. At the sector level, the firm revised its 2024-26 earnings forecasts based on updated price/margin assumptions for cement, aluminum/alumina, copper, coal, steel, and paper.
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Read More on CCOZF:
- China Coal Energy Reports Strong November Production Gains
- China Coal Energy Co. Reports Mixed October Results
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