In a report released on August 27, Ronald Keung from Goldman Sachs maintained a Buy rating on MiniMax Group, Inc, with a price target of HK$760.00. The company’s shares closed last Friday at HK$314.60.
According to TipRanks, Keung is an analyst with an average return of -4.2% and a 38.98% success rate.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for MiniMax Group, Inc with a HK$542.59 average price target, representing a 72.47% upside. In a report released on August 27, Citi also maintained a Buy rating on the stock with a HK$576.00 price target.
Based on MiniMax Group, Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$25.58 million and a GAAP net loss of HK$1.36 billion. In comparison, last year the company earned a revenue of HK$11.07 million and had a GAAP net loss of HK$160.9 million
