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56222 UB#HSI RP2704K (R BEAR)
RT Nominal down0.193 -0.042 (-17.872%)

27/11/2024 15:34

{I-bank focus}Macquarie lowers Chow Tai Fook to HKD8.4

[ET Net News Agency, 27 November 2024] Macquarie lowered the target price for Chow Tai
Fook (01929) to HKD8.4 from HKD9 and maintained the "outperform" rating.
The research house said it lowers FY25E/FY26E/FY27E net income 16.5%/6.5%/10.8% to
factor in an unrealized gold loan loss. (rc)

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