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Aluminum Corporation Of China Ltd (ACH) [hlAlert]

Rating:
Buy ACH
down 73.21 %

Aluminum Corporation Of China Ltd (ACH) rated Buy by Citigroup

Posted on: Wednesday,  Aug 5, 2009  8:25 AM ET by Citigroup

Citigroup rated Buy Aluminum Corporation Of China Ltd (NYSE: ACH) on 08/05/2009, when the stock price was $32.33.
Since then, Aluminum Corporation Of China Ltd has lost 73.21% as of 12/07/2015's recent price of $8.66.
If you would have followed this Citigroup's recommendation on ACH, you would have lost 73.21% of your investment in 2315 days.

Aluminum Corporation of China Limited is principally engaged in the extraction of aluminum oxide, electrolyzation of virgin aluminum and the processing and production of aluminum. The Company operates its business through three segments: aluminum oxide segment, producing and selling aluminum oxide, aluminum hydroxide and gallium; virgin aluminum, providing virgin aluminum, carbon element products and aluminum alloys, and aluminum processing segment, offering casting products, slab band products, foils, squeezing products, forging products, powder products and die-casting products. The Company's gallium products include gallium metal and gallium oxide. The Company also provides remelted aluminum ingots. The Company's products are applied in construction, electricity, packaging, transportation, nondurable consumer goods, hard board material, wire and cable, ceramics, refractory material, laundry, petrochemical, and aero-space industries.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/5/2009 8:25 AM Buy
None
32.33
as of 12/31/2009
1 Week down  -13.16 %
1 Month down  -12.59 %
3 Months down  -11.86 %
1 YTD down  -25.33 %

(*) Stock Price at the time of the recommendation.
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