logo
Chanjet Information Technology Co., Ltd. Class H (1588) Gets a Buy from Jefferies

Chanjet Information Technology Co., Ltd. Class H (1588) Gets a Buy from Jefferies

Jefferies analyst Edison Lee maintained a Buy rating on Chanjet Information Technology Co., Ltd. Class H (1588 – Research Report) on May 2 and set a price target of HK$11.88. The company's shares closed last Friday at HK$6.60.
Protect Your Portfolio Against Market Uncertainty
Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Lee covers the Technology sector, focusing on stocks such as Apple, GDS Holdings, and Kingdee International Software Group Co. According to TipRanks, Lee has an average return of 28.9% and a 58.90% success rate on recommended stocks.
Chanjet Information Technology Co., Ltd. Class H has an analyst consensus of Hold.
1588 market cap is currently HK$2.15B and has a P/E ratio of 58.25.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Scentre Group (STGPF) was upgraded to a Hold Rating at Macquarie
Scentre Group (STGPF) was upgraded to a Hold Rating at Macquarie

Business Insider

time39 minutes ago

  • Business Insider

Scentre Group (STGPF) was upgraded to a Hold Rating at Macquarie

In a report released today, from Macquarie upgraded Scentre Group (STGPF – Research Report) to a Hold, with a price target of A$3.24. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Scentre Group has an analyst consensus of Strong Buy, with a price target consensus of $2.51. The company has a one-year high of $3.09 and a one-year low of $1.59. Currently, Scentre Group has an average volume of 9,213.

Centuria Capital Group (CNI) was upgraded to a Buy Rating at Macquarie
Centuria Capital Group (CNI) was upgraded to a Buy Rating at Macquarie

Business Insider

time39 minutes ago

  • Business Insider

Centuria Capital Group (CNI) was upgraded to a Buy Rating at Macquarie

Centuria Capital Group (CNI – Research Report) received a Buy rating and a A$1.78 price target from Macquarie analyst today. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Centuria Capital Group with a A$1.82 average price target. Based on Centuria Capital Group's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$229.42 million and a GAAP net loss of A$518 thousand. In comparison, last year the company earned a revenue of A$136.06 million and had a net profit of A$45.21 million

CDSL shares rally over 9% today; Check details
CDSL shares rally over 9% today; Check details

Business Upturn

timean hour ago

  • Business Upturn

CDSL shares rally over 9% today; Check details

By Aman Shukla Published on June 2, 2025, 13:03 IST Shares of Central Depository Services (India) Ltd (CDSL) surged over 9% in trading today, driven by strong volumes. As of 1 PM, the shares were trading 8.77% higher at Rs 1,663.80. The stock opened at ₹1,533.40 and hit an intraday high of ₹1,670.00, before moving in a range with a low of ₹1,531.10. Despite today's rally, the stock remains below its 52-week high of ₹1,989.80, recorded earlier in the financial year. It is, however, well above its 52-week low of ₹917.62. CDSL Q4 results Central Depository Services (India) Ltd (CDSL) reported a 23% year-on-year decline in net profit to ₹100 crore for Q4, as its core depository services business underperformed. Revenue dropped 19.3% sequentially to ₹224.4 crore, with the depository segment alone falling 18% quarter-on-quarter, raising concerns about long-term growth. EBITDA stood at ₹109.35 crore, down 32% from the previous quarter, while margins contracted sharply to 48.73% from 57.79% in Q3 FY24. Retail investor activity also showed signs of slowing. Net new demat account openings fell 30% to 64 lakh in Q4, compared to 92 lakh in the prior quarter. The total value of demat custody declined to ₹71 lakh crore from ₹75 lakh crore, reflecting reduced market participation. Despite the subdued performance, CDSL's board declared a dividend of ₹12.5 per share, offering some relief to shareholders. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store