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25768 SGCSHCL@EC2412B (CALL)
RT Nominal up0.040 +0.014 (+53.846%)

15/07/2024 15:00

{I-bank focus}Daiwa lowers COSCO Ship Hold (01919) to HKD9.5

[ET Net News Agency, 15 July 2024] Daiwa lowered the target price for COSCO Ship Hold
(01919) to HKD9.5 from HKD15.5 and downgraded the rating to "sell" from "buy".
The research house said it revises down 2025-26E EPS by 41-43% as the recent high
freight rates may not be sustained for as long as it had previously expected. (rc)

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