Ayala Land (OTCMKTS:AYAAF) Rating Increased to Overweight at JPMorgan Chase & Co.

Ayala Land (OTCMKTS:AYAAFGet Free Report) was upgraded by investment analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued on Thursday, FlyOnTheWall reports.

Ayala Land Stock Performance

Ayala Land stock opened at $0.40 on Thursday. The firm has a 50-day moving average of $0.43 and a 200-day moving average of $0.46. Ayala Land has a 1-year low of $0.40 and a 1-year high of $0.48.

Ayala Land Company Profile

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Ayala Land, Inc operates as a property developer in the Philippines. It operates through Property Developments, International, Shopping Centers, Offices, Hotels and Resorts, Construction, and Property Management and Others segments. The company sells high-end and upper middle-income residential lots and units, affordable housing units and lots, and economic housing and leisure community developments; leases residential developments under joint venture; acquires, develops, and sells large-scale, mixed-use, and master-planned communities; and sells override units.

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