J.P. Morgan published a report maintaining the “increase in holdings” rating of Dongfang Overseas (00316-HK) and raised the target price to 59 yuan. It also pointed out that the shipping industry is currently recovering, and that the company's freight rates for trans-Pacific routes will increase by 20 to 25% from year to year. It is believed that the company's overall freight rates can rise by 6%.
摩通上调东方海外(00316-HK)目标价至59元
Motong raised the target price of Dongfang Overseas (00316-HK) to 59 yuan
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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