According to the Societe Generale Securities Research Report, a number of major biosimilar drugs under Fuhong Hanlin-B (2696.HK) have been listed one after another; the company's product reserves are abundant, and combination therapies are poised for development. Currently, a number of innovative monoclonal and dual antibody drugs are in the development stage. The company's revenue for 2020-2022 is forecast to be $917, 21.01 and 3,915 million, respectively, up 908.41%, 129.14% and 86.35% over the previous year. With the continuous advancement of the company's R&D projects and the implementation of product sales, it is believed that the company is expected to experience an increase in valuation. Currently, the company is given a target price of HK$68.50, giving it a “buy” rating.
兴业证券:给予复宏汉霖-B(2696.HK)买入评级 目标价68.5港元
Societe Generale Securities: Give Fuhong Hanlin-B (2696.HK) a purchase rating target price of HK$68.5
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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