Glonghui, April 2 | Bank of America Securities issued a report lowering the sales expenses forecast for Zhongsheng Pharmaceuticals this year and beyond to reflect the Group's progress in cost control, while increasing the Group's R&D cost forecast for this year and beyond to reflect the Group's increasing investment in innovative products. According to the report, since Zhongsheng Pharmaceutical sold 67% of Chia Tai Qingdao's shares to Guoxin Group, the target price of Zhongsheng Pharmaceuticals was lowered from HK$4.2 to HK$3.6, but maintained a “buy” rating to reflect the group's transition to innovative products. The total number of innovative and biosimilar products is expected to reach 15 this year and further increase to 20 by 2025.
大行评级｜美银：下调中生制药目标价至3.6港元 维持“买入”评级
Bank Rating | Bank of America: Lowering the target price of Zhongsheng Pharmaceuticals to HK$3.6 to maintain a “buy” rating
The translation is provided by third-party software.
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.
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.
Got it
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.
Got it
Statement
This page is machine-translated. Futubull tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.
Write a comment
0 0 0
LikeLoveLaughing CryRespectEmmSadAngry
Tap to Select a Mood
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
Use the share button in your browser
to share the page with your friends
Tap here to share
No comments yet. Write one.