16 hours ago
Huatai Securities Sticks to Their Buy Rating for Guotai Junan Securities Co., Ltd. Class H (2611)
Huatai Securities analyst maintained a Buy rating on Guotai Junan Securities Co., Ltd. Class H (2611 – Research Report) yesterday and set a price target of HK$14.61. The company's shares closed yesterday at HK$12.70.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Guotai Junan Securities Co., Ltd. Class H with a HK$14.50 average price target, implying a 14.17% upside from current levels. In a report released on June 25, DBS also maintained a Buy rating on the stock with a HK$14.50 price target.
Based on Guotai Junan Securities Co., Ltd. Class H's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of HK$11.67 billion and a net profit of HK$12.24 billion. In comparison, last year the company earned a revenue of HK$7.94 billion and had a net profit of HK$2.49 billion
