The news on July 24th from Jinshi Data shows that although Chow Tai Fook (01929.HK) announced that the retail value of the first quarter ending in June this year fell by 20%, and the sales of stores in Hong Kong and Macau fell by 31%, Goldman Sachs still maintains a target price of HK$10.5 and a 'neutral' investment rating for Chow Tai Fook in the next 12 months. Goldman Sachs explains that Chow Tai Fook has a complete brand leadership position, ability and scale of product development, so it is optimistic about increasing its market share and improving profit margins. The bank pointed out that it is waiting for the results of Chow Tai Fook's optimization of its store network and brand upgrade initiatives, in order to have more constructive development.
Xem bản gốc
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
Goldman Sachs: duy trì mục tiêu giá 10.5 HKD cho Chow Tai Fook và xếp hạng "Trung lập"
The news on July 24th from Jinshi Data shows that although Chow Tai Fook (01929.HK) announced that the retail value of the first quarter ending in June this year fell by 20%, and the sales of stores in Hong Kong and Macau fell by 31%, Goldman Sachs still maintains a target price of HK$10.5 and a 'neutral' investment rating for Chow Tai Fook in the next 12 months. Goldman Sachs explains that Chow Tai Fook has a complete brand leadership position, ability and scale of product development, so it is optimistic about increasing its market share and improving profit margins. The bank pointed out that it is waiting for the results of Chow Tai Fook's optimization of its store network and brand upgrade initiatives, in order to have more constructive development.