Gelonghui, November 24 丨 Vitasilty International (0345.HK), which plummeted more than 9% yesterday, rebounded 5.49% and is now at HK$13.44, with a total market value of HK$14.4 billion.
Lyon upgraded Vita Milk's international rating from “outperforming the market” to “outperforming the market”. It is expected that revenue for the 2023-25 fiscal year will increase 3%/10%/7% year-on-year, and the target price will rise from HK$15 to HK$16.2.
Macquarie also maintained the company's “outperform the market” rating, and the target price rose to HK$17.8. The bank believes that the Group's operations in mainland China have become healthier. The lower base in the second half of the fiscal year, rising prices, and continued increases in capacity utilization should continue to drive profit improvements.
