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<Research>BOCI Adds NEXTEER (01316.HK) TP to $5.5, Expects Interim Rev. to Rise 7-8% YoY
BOCI released a research report estimating that NEXTEER (01316.HK)'s interim revenue will increase by 7-8% YoY to US$2.25 billion, mainly benefiting from a surge in sales in As...
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<Research>BOCI Adds NEXTEER (01316.HK) TP to $5.5, Expects Interim Rev. to Rise 7-8% YoY
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SHORT SELL
 
STOCK INFO

BOCI released a research report estimating that NEXTEER (01316.HK)  +0.050 (+0.832%)    Short selling $1.99M; Ratio 8.541%   's interim revenue will increase by 7-8% YoY to US$2.25 billion, mainly benefiting from a surge in sales in Asia Pacific and weaker-than-expected demand disruptions for non-Asia Pacific businesses, and predicting net profit for the period to be in the range of US$40 million to US$50 million.

Therefore, the broker considered NEXTEER's current valuation reasonable, and added its target price from $5.3 to $5.5, with rating kept at Hold.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)

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