Latest news with #AndyYuCFA
Business Insider
3 days ago
- Business
- Business Insider
DBS Reaffirms Their Buy Rating on China Telecom (ZCH)
DBS analyst Andy Yu CFA maintained a Buy rating on China Telecom today and set a price target of HK$7.10. The company's shares closed last Wednesday at €0.53. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Yu CFA covers the Technology sector, focusing on stocks such as GDS Holdings, China Mobile, and China Unicom (Hong Kong). According to TipRanks, Yu CFA has an average return of 14.7% and a 47.37% success rate on recommended stocks. China Telecom has an analyst consensus of Strong Buy, with a price target consensus of €0.76. Based on China Telecom's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €131.6 billion and a net profit of €3.71 billion. In comparison, last year the company earned a revenue of €126.74 billion and had a net profit of €3.35 billion
Business Insider
4 days ago
- Business
- Business Insider
DBS Keeps Their Buy Rating on Tencent Holdings (TCTZF)
DBS analyst Andy Yu CFA maintained a Buy rating on Tencent Holdings today and set a price target of HK$669.00. The company's shares closed yesterday at $76.69. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Yu CFA is a 4-star analyst with an average return of 14.7% and a 47.37% success rate. Yu CFA covers the Technology sector, focusing on stocks such as GDS Holdings, China Mobile, and China Unicom (Hong Kong). The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tencent Holdings with a $82.75 average price target, which is a 7.90% upside from current levels. In a report released yesterday, US Tiger Securities also maintained a Buy rating on the stock with a HK$645.00 price target. Based on Tencent Holdings 's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $180.02 billion and a net profit of $47.82 billion. In comparison, last year the company earned a revenue of $159.5 billion and had a net profit of $41.89 billion
