Goldman Sachs has released a research report stating that it maintains a "buy" rating on the Hong Kong Stock Exchange (00388) and has lowered the target price to HK$306, equivalent to a forecast PE ratio of 35 times in 2025.
According to the Futu Securities APP, Goldman Sachs has released a research report stating that it maintains a "buy" rating on the Hong Kong Stock Exchange (00388) and has lowered the target price to HK$306, equivalent to a forecast PE ratio of 35 times in 2025. It has also lowered the earnings forecast per share for 2024 to 2026 by 2%, 4%, and 5% respectively to reflect the trading volume in August and since September.