DBS Reaffirms Their Hold Rating on Sun Art Retail Group (SURRF)
DBS analyst Mavis Hui maintained a Hold rating on Sun Art Retail Group (SURRF – Research Report) today and set a price target of HK$2.15. The company's shares closed last Tuesday at $0.22.
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Hui covers the Consumer Cyclical sector, focusing on stocks such as Samsonite International SA, Prada SpA, and Galaxy Entertainment Group. According to TipRanks, Hui has an average return of 0.1% and a 43.75% success rate on recommended stocks.
Sun Art Retail Group has an analyst consensus of Hold, with a price target consensus of $0.27.
Based on Sun Art Retail Group's latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $17.35 billion and a net profit of $103 million. In comparison, last year the company earned a revenue of $17.88 billion and had a GAAP net loss of $179.5 million
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