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21468 JP-ACMT@EC2412A (CALL)
RT Nominal up0.087 +0.003 (+3.571%)

25/11/2024 15:04

{I-bank focus}Morgan raises Conch Cement (00914) to HKD24.5

[ET Net News Agency, 25 November 2024] Morgan Stanley raised the target price for Conch
Cement (00914) to HKD24.5 from HKD21.9 and maintained the "overweight" rating.
The research house said it lowers 2024 volume based on -10% YoY shipments so far in
4Q24; 2025-26 volume edged down mildly following base-year changes. (rc)

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