Goldman Sachs analyst maintained a Buy rating on Guming Holdings Ltd. on August 27 and set a price target of HK$33.00. The company’s shares closed yesterday at HK$25.20.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Guming Holdings Ltd. with a HK$31.69 average price target, a 25.75% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a HK$29.80 price target.
Based on Guming Holdings Ltd.’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$3.63 billion and a net profit of HK$741.82 million. In comparison, last year the company earned a revenue of HK$2.35 billion and had a net profit of HK$372.02 million
