Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>G Sachs Lifts YUE YUEN IND (00551.HK) TP to $16.9, Raises Profit Forecasts
Recommend 5 Positive 5 Negative 4 |
||||
|
||||
|
Following attendance at the briefing after YUE YUEN IND (00551.HK)'s 3Q25 results announcement, the Company's share price rallied by over 8% post-results, according to Goldman Sachs' research report. This may reflect better-than-expected 3Q25 profit margins. However, the stock closed up by just over 2%, potentially due to the turbulent path ahead for the recovery in OEM sales and profit margin in the coming quarters. Goldman Sachs largely kept its sales forecasts for YUE YUEN IND unchanged, but raised its profit margin forecasts to reflect the Company's efforts in flexible order allocation and savings in sales and administrative expenses. The broker lifted its 2025-2027 net profit projections for YUE YUEN IND by 7-11%, and its target price from $14.8 to $16.9, with rating kept at Buy. AAStocks Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
