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大摩:予周大福(01929.HK)“与大市同步”评级 目标价13.5港元

Tama: Target price of HK$13.5 for Chow Tai ?$#@$ (01929.HK)'s “In sync with the market” rating

Zhitong Finance ·  Apr 15 10:31
Morgan Stanley released a research report stating that Chow Tai ?$#@$ (01929.HK) was rated “in sync with the market” and the target price was HK$13.5. Chow Tai ?$#@$ is about to launch a brand revitalization program, which is expected to drive medium term growth. The company plans to open a net store in FY2025 (the total closing rate remains at around 5%). The goal is to expand gross margin and maintain a stable operating expenses ratio for FY2025.

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