UBS Sticks to Its Hold Rating for MIXUE Group Class H (2097)

In a report released on August 27, from UBS maintained a Hold rating on MIXUE Group Class H, with a price target of HK$399.00. The company’s shares closed yesterday at HK$227.80.

The word on The Street in general, suggests a Hold analyst consensus rating for MIXUE Group Class H with a HK$343.25 average price target, representing a 50.68% upside. In a report released yesterday, DBS also maintained a Hold rating on the stock with a HK$359.00 price target.

Based on MIXUE Group Class H’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$7.44 billion and a net profit of HK$1.35 billion.