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《大行》麥格理降農夫山泉(09633.HK)評級至「跑輸大市」 目標價下調29%至26元

Dah Sing Securities lowered the rating of Nongfu Spring (09633.HK) to "underperform" with a target price decrease of 29% to 26 yuan.

AASTOCKS ·  Jul 11 11:19

The bank expects revenue growth for Nongfu Spring to slow to single digits in the first half of the year (compared to 33% in the second half of 2023), mainly due to the company's involvement in online disputes with its competitors such as Wahaha, as well as increasingly fierce competition in the bottled water industry. (ka/w)

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