Citi analyst upgraded Yihai International Holding Ltd. to a Buy on August 27 and set a price target of HK$18.80. The company’s shares closed yesterday at HK$15.65.
Currently, the analyst consensus on Yihai International Holding Ltd. is a Strong Buy with an average price target of HK$20.61, representing a 31.69% upside. In a report released on August 27, Jefferies also maintained a Buy rating on the stock with a HK$18.90 price target.
Based on Yihai International Holding Ltd.’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$3.69 billion and a net profit of HK$544.48 million. In comparison, last year the company earned a revenue of HK$3.61 billion and had a net profit of HK$431.15 million
