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大行评级|高盛:第三季需求恢复乏力 下调康师傅、统一企业中国及旺旺目标价

Bank Rating|Goldman Sachs: Weak demand recovery in the third quarter lowered the target prices of Master Kong, Unify Enterprise China, and Wangwang

Gelonghui Finance ·  Oct 11, 2023 11:37
Glonghui, Oct. 11 | Goldman Sachs published a report lowering sales forecasts for Master Kong, Unification Enterprise China, and Wangwang for the second half of the year to reflect the weak recovery in demand in the third quarter under a relatively weak macroeconomic environment and unfavorable weather, while lowering gross margin expectations due to recent fluctuations in investment costs. The bank lowered the profit forecasts and target prices per share for the three companies. Master Kong's target price was lowered from HK$12.8 to HK$12.1, a rating of “neutral”; the target price of Unification Enterprise China was lowered from HK$6.9 to HK$6.4, and the rating was “neutral”; Wangwang's target price was lowered from HK$5 to HK$4.7, and the rating was “sell-selling”.

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