In a report released on August 27, Rebecca Wen from J.P. Morgan maintained a Buy rating on Minth Group, with a price target of HK$54.00. The company’s shares closed last Friday at HK$27.44.
According to TipRanks, Wen is ranked #2914 out of 12444 analysts.
Minth Group has an analyst consensus of Strong Buy, with a price target consensus of HK$48.23, which is a 75.75% 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
