Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Yue Yuen Industrial (Holdings) (OtherYUEIF) and Meituan (OtherMPNGF)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Yue Yuen Industrial (Holdings) (YUEIF)...

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Meituan (MPNGF)

Orient Securities analyst Orient Securities maintained a Buy rating on Meituan on June 5 and set a price target of HK$113.06. The company’s shares closed last Thursday at $10.00.

Currently, the analyst consensus on Meituan is a Strong Buy with an average price target of $14.48, representing a 44.8% upside. In a report issued on June 2, Benchmark Co. also upgraded the stock to Buy with a HK$110.00 price target.

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Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Yue Yuen Industrial (Holdings) (OtherYUEIF) and Meituan (OtherMPNGF)

Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Yue Yuen Industrial (Holdings) (OtherYUEIF) and Meituan (OtherMPNGF)

Related reading

Yue Yuen Industrial (Holdings) (YUEIF) Receives a Buy from UBS

CICC Sticks to Its Buy Rating for Yue Yuen Industrial (Holdings) (YUEIF)

Meituan (MPNGF) Receives a Buy from Morgan Stanley

Tencent Holdings (TCTZF) Gets a Buy from CGS International

Alibaba Group Holding Ltd. (9988) Gets a Buy from CGS International

Hong Kong stocks waver as investors await rate-cut clarity

Related reading

Yue Yuen Industrial (Holdings) (YUEIF) Receives a Buy from UBS

CICC Sticks to Its Buy Rating for Yue Yuen Industrial (Holdings) (YUEIF)

Meituan (MPNGF) Receives a Buy from Morgan Stanley

Tencent Holdings (TCTZF) Gets a Buy from CGS International

Alibaba Group Holding Ltd. (9988) Gets a Buy from CGS International

Hong Kong stocks waver as investors await rate-cut clarity