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Yue Yuan counter city rose 0.81% Goldman Sachs reiterated neutral view of HK $25.5

Source: Internet
Author: User
Keywords Stock price HKD gross margin
Tags business check check out counter find find it group hard
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Check out the latest quotes January 22, Yu Yuan group reversed the city Rose 0.81%, reported 24.90 Hong Kong dollars, a deal of HK $79.1594 million, the stock market in the early run to win the big city, the index fell 2.54%.　　Goldman reiterated its neutral rating, but raised its target price from HK $24 to HK $25.5, equivalent to 12 times times the 10 fiscal year, as the industry's outlook turned better. But Goldman Sachs, which has expected a 12.7 times-fold earnings ratio, is expected to find it hard to boost its share price by 10, and fears that its OEM business's gross profit margins may fall as raw material prices rebound.

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