Currently, the analyst consensus on Lenovo Group is a Strong Buy with an average price target of HK$36.18, implying a 7.66% upside from current levels. In a report released yesterday, DBS also maintained a Buy rating on the stock with a HK$40.00 price target.
Based on Lenovo Group’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of HK$21.52 billion and a net profit of HK$519.25 million. In comparison, last year the company earned a revenue of HK$16.98 billion and had a net profit of HK$90 million
