In a report released yesterday, from Huatai Securities maintained a Buy rating on China Feihe Limited, with a price target of HK$4.01. The company’s shares closed yesterday at HK$2.90.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for China Feihe Limited with a HK$3.81 average price target.
Based on China Feihe Limited’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$8.96 billion and a net profit of HK$939.35 million. In comparison, last year the company earned a revenue of HK$10.65 billion and had a net profit of HK$1.7 billion
