Latest news with #SamsoniteInternationalSA
Business Insider
4 days ago
- Business
- Business Insider
Tingyi (Cayman Islands) Holding (TCYMF) was downgraded to a Hold Rating at Macquarie
Macquarie analyst Linda Huang downgraded Tingyi (Cayman Islands) Holding (TCYMF – Research Report) to a Hold today and set a price target of HK$13.80. The company's shares closed last Monday at $1.61. Confident Investing Starts Here: Huang covers the Consumer Cyclical sector, focusing on stocks such as Samsonite International SA, China Tourism Group Duty Free Corporation Limited Class H, and SJM Holdings. According to TipRanks, Huang has an average return of 3.0% and a 50.79% success rate on recommended stocks. Currently, the analyst consensus on Tingyi (Cayman Islands) Holding is a Strong Buy with an average price target of $1.88. Based on Tingyi (Cayman Islands) Holding's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $19.72 billion and a net profit of $924.56 million. In comparison, last year the company earned a revenue of $19.76 billion and had a net profit of $739.9 million
Business Insider
4 days ago
- Business
- Business Insider
UBS Sticks to Its Hold Rating for Samsonite International SA (SMSOF)
UBS analyst Perry Yeung maintained a Hold rating on Samsonite International SA (SMSOF – Research Report) yesterday and set a price target of HK$16.30. The company's shares closed last Thursday at $1.45. 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 According to TipRanks, Yeung is ranked #7789 out of 9552 analysts. Currently, the analyst consensus on Samsonite International SA is a Moderate Buy with an average price target of $2.53, which is a 74.47% upside from current levels. In a report released on May 14, Macquarie also maintained a Hold rating on the stock with a HK$13.30 price target. The company has a one-year high of $3.39 and a one-year low of $1.45. Currently, Samsonite International SA has an average volume of 15.05K.
