Huatai Securities analyst maintained a Buy rating on China Resources Beverage (Holdings) Company Limited yesterday and set a price target of HK$8.99. The company’s shares closed yesterday at HK$7.30.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for China Resources Beverage (Holdings) Company Limited with a HK$8.93 average price target, representing a 22.41% upside. In a report released yesterday, CMB International Securities also maintained a Buy rating on the stock with a HK$9.57 price target.
Based on China Resources Beverage (Holdings) Company Limited’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$4.72 billion and a net profit of HK$177.24 million.
