Huatai Securities Reaffirms Their Buy Rating on Industrial and Commercial Bank of China (IDCBF)
In a report released yesterday, from Huatai Securities maintained a Buy rating on Industrial and Commercial Bank of China (IDCBF – Research Report), with a price target of HK$6.71. The company's shares closed last Wednesday at $0.80.
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Currently, the analyst consensus on Industrial and Commercial Bank of China is a Moderate Buy with an average price target of $0.89, representing an 11.25% upside. In a report released on June 16, DBS also reiterated a Buy rating on the stock with a HK$7.30 price target.
The company has a one-year high of $0.84 and a one-year low of $0.50. Currently, Industrial and Commercial Bank of China has an average volume of 20.62K.
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