Aluminum Corp. of China upgraded to Buy from Sell at Goldman Sachs

Goldman Sachs upgraded Aluminum Corp. of China (ALMMF) to Buy from Sell with a price target of HK$6.80, up from HK$4.40. 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.