Goldman Sachs released a report, lowering its earnings per share forecast for Hong Kong Exchanges and Clearing Limited (00388.HK) by 2%, 4%, and 5% for the years 2024, 2025, and 2026, respectively, to reflect the trading volume in August and since September. The report maintains a 'buy' rating with a target price lowered by 4.4% to HKD 306, equivalent to a forecasted price-to-earnings ratio of 35 times in 2025.
《大行》高盛降港交所(00388.HK)目標價至306元 下調每股盈測
Goldman Sachs reduces the target price of Hong Kong Exchanges and Clearing Limited (00388.HK) to 306 yuan and lowers the earnings forecast per share.
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