Bank of America Merrill Lynch issued a research report that Tiejiang spot (01029-HK) fiscal year 2011 results in line with expectations, maintaining the "buy" rating, the target price of 2.75 yuan. Tiejiang's largest Knights investment project is expected to start production in the first half of 2014, maintaining confidence in the company's prospects, the report said.
美林维持铁江现货(01029-HK)「买入」评级，目标价2.75元
Merrill Lynch maintains the Tiejiang spot (01029-HK) "buy" rating, with a target price of 2.75 yuan.
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