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Dongfeng Group even fall 3rd SYWG still call overweight

Source: Internet
Author: User
Keywords Stock price Hong Kong dollar
Tags check check out group high higher higher than market market price
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Check out the latest quotes April 15, Dongfeng Motor Group opened a low this morning to lose the market, the share price has fallen 2.86% to HK $12.24, has been the third consecutive trading day since the high back to vomit, 33.5 million shares.　　But Wanguo issued a report saying it maintained its overweight rating, with target prices still at HK $14.15, 16% higher than the market price. SYWG refers to Dongfeng Group's performance is in line with expectations. But the level of the unit's gross margin is not optimistic, and the future growth rate is expected to gradually slow down. The price-earnings ratio of 2010-2012 earnings forecasts is only 14.1 times times, 13.4 times times and 12.8 times times higher than the expected level of the 15 times multiples.

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