In a report released yesterday, from Guotai Haitong maintained a Buy rating on Poly Property Services Co., Ltd. Class H, with a price target of HK$43.73.
In addition to Guotai Haitong, Poly Property Services Co., Ltd. Class H also received a Buy from Morgan Stanley’s Cara Zhu in a report issued on August 25. However, on August 26, Goldman Sachs downgraded Poly Property Services Co., Ltd. Class H (HKEX: 6049) to a Hold.
Based on Poly Property Services Co., Ltd. Class H’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$8.59 billion and a net profit of HK$647.85 million. In comparison, last year the company earned a revenue of HK$8.47 billion and had a net profit of HK$627.89 million
