Latest Search
Quote
| Back Zoom + Zoom - | |
|
<Research>DBS Trims BEKE-W's TP to HKD52.09, Reiterates Rating as Buy
Recommend 3 Positive 5 Negative 3 |
|
|
|
|
BEKE-W (02423.HK)'s 3Q25 results were in line with expectations, DBS wrote in its research report. The broker attributed BEKE-W's mediocre performance this quarter to weakened operating leverage as a result of the decline in total residential transaction volume. Meanwhile, BEKE-W's 4Q25 guidance fell short of expectations with conservative net income and margin forecasts. BEKE-W is the top choice as a recovery indicator stock in the housing market. DBS reiterated a Buy rating on the company but cut its target price from HKD62.25 to HKD52.09. AAStocks Financial News |
|
