Glonghui November 24 | Morgan Stanley published a report that believes ICBC's stock price will rise in the next 60 days. The probability of occurrence is 70 to 80%. It is rated as “increased holdings”, with a target price of HK$4.8. Damo believes that according to historical rules, investors will gradually shift their focus to dividends at the end of December and the beginning of next year rather than risk factors, and that ICBC's 9% dividend return and still sufficient reserve buffers provide good return opportunities.
Bank Ratings｜Daimo: Giving ICBC H Shares an “increase in holdings” rating with a target price of HK$4.8
Gelonghui Finance · 11/24/2023 15:32
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