In a report released on August 28, from CGS International maintained a Buy rating on Minth Group, with a price target of HK$41.50. The company’s shares closed last Friday at HK$26.86.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Minth Group with a HK$47.13 average price target, which is a 75.46% upside from current levels. In a report released on August 27, DBS also maintained a Buy rating on the stock with a HK$45.00 price target.
Based on Minth Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$13.45 billion and a net profit of HK$1.42 billion. In comparison, last year the company earned a revenue of HK$12.06 billion and had a net profit of HK$1.25 billion
