Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Kuaishou Technology Class B with a HK$69.83 average price target, which is a 55.59% upside from current levels. In a report released yesterday, DBS also maintained a Buy rating on the stock with a HK$78.00 price target.
Based on Kuaishou Technology Class B’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$35.05 billion and a net profit of HK$4.92 billion. In comparison, last year the company earned a revenue of HK$30.98 billion and had a net profit of HK$3.98 billion
