Daiwa: maintains the 'in line with the market' rating for baiyunshan (00874), with a target price lowered to 21.7 Hong Kong dollars.

Zhitong Finance · Sep 17 13:45 · Ratings

Morgan Stanley lowers Baiyunshan's profit forecast for 2024-2030 by 3%-11%.

According to the research report released by Morgan Stanley on the Chitong Finance app, due to the decline in sales and gross margin, the profit forecast for Baiyunshan from 2024 to 2030 is lowered by 3%-11%. Morgan Stanley also increases its accounts receivable days. Therefore, Morgan Stanley lowers Baiyunshan's target price by 14.6%, from HK$25.4 to HK$21.7. The rating is temporarily maintained as "in sync with the broader market".

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大摩：维持白云山(00874)“与大市同步”评级 目标价降至21.7港元

Daiwa: maintains the 'in line with the market' rating for baiyunshan (00874), with a target price lowered to 21.7 Hong Kong dollars.

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大摩：维持白云山(00874)“与大市同步”评级目标价降至21.7港元