Expanding Taiwanese container line Evergreen has had its stock rated a buy by Jih Sun Securities.

Analyst Louis Chan moved the company up from hold, but lowered his target price on the shares to TWD 17.90 ($0.61) from TWD 18.70.

This is still 15% up on current trading, but 9% below the consensus average of TWD 19.73, Bloomberg reported.

Evergreen has four other buy recommendations among analysts, but only one sell.