Aluminum Corporation of China Limited (NYSE:ACH) was upgraded by analysts at CLSA from an “underperform” rating to a “buy” rating in a note issued to investors on Monday.

Separately, BidaskClub raised shares of Aluminum Corporation of China Limited from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 19th.

Aluminum Corporation of China Limited (NYSE:ACH) traded down 0.75% during trading on Monday, reaching $17.12. The company had a trading volume of 114,033 shares. The firm’s 50 day moving average is $16.01 and its 200 day moving average is $13.34. Aluminum Corporation of China Limited has a one year low of $8.77 and a one year high of $19.27. The company has a market capitalization of $11.15 billion, a PE ratio of 97.83 and a beta of 0.10.

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Hedge funds have recently bought and sold shares of the stock. Frontier Wealth Management LLC bought a new stake in Aluminum Corporation of China Limited during the second quarter valued at $157,000. Profund Advisors LLC increased its stake in Aluminum Corporation of China Limited by 43.0% in the second quarter. Profund Advisors LLC now owns 19,928 shares of the basic materials company’s stock valued at $257,000 after buying an additional 5,988 shares during the period. State Street Corp increased its stake in Aluminum Corporation of China Limited by 2.2% in the second quarter. State Street Corp now owns 27,647 shares of the basic materials company’s stock valued at $356,000 after buying an additional 607 shares during the period. Parametric Portfolio Associates LLC increased its stake in Aluminum Corporation of China Limited by 6.4% in the second quarter. Parametric Portfolio Associates LLC now owns 113,885 shares of the basic materials company’s stock valued at $1,467,000 after buying an additional 6,806 shares during the period. Finally, Citigroup Inc. increased its stake in Aluminum Corporation of China Limited by 6.3% in the second quarter. Citigroup Inc. now owns 121,106 shares of the basic materials company’s stock valued at $1,560,000 after buying an additional 7,173 shares during the period. Hedge funds and other institutional investors own 0.32% of the company’s stock.

Aluminum Corporation of China Limited Company Profile

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