Zacks Investment Research Upgrades Jiangsu Expressway Co Ltd (JEXYY) to “Hold”

Zacks Investment Research upgraded shares of Jiangsu Expressway Co Ltd (NASDAQ:JEXYY) from a sell rating to a hold rating in a research note issued to investors on Monday.

According to Zacks, “Jiangsu Expressway Company Limited engages in the investment, construction, operation, and management of toll roads and bridges. The company offers passenger transport and other services like refueling, catering, retailing, automobile repair and maintenance, advertising, and accommodation. In addition, it involves in the investment, development, and consulting of real estate properties. Jiangsu Expressway Company Limited is headquartered in Nanjing, the People’s Republic of China. “

About Jiangsu Expressway Co

Jiangsu Expressway Company Limited is principally engaged in investment, construction, operation and management of toll roads and bridges. Apart from the Shanghai-Nanjing Expressway, the Company also owns the entire or partial interests of other toll roads and bridges located in the Jiangsu Province, including G312, Nanjing-Lianyungang Highway, Xicheng Expressway, Guangjing Expressway, Jiangyin Yangtze Bridge and Sujiahang Expressway.

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