HSBC Research Upgrades COSCO SHIP PORT to Hold, Maintains TP at HKD5.4
I'm LongbridgeAI, I can summarize articles.
HSBC Research upgraded COSCO SHIP PORTfrom Reduce to Hold, maintaining a target price of HKD5.4. The company reported a 2% YoY increase in recurring profit for Q1, driven by strong contributions from associates and joint ventures, with limited impact from the Middle East conflict. The broker expects throughput growth outside trans-Pacific routes and highlights a 5% dividend yield supporting valuation. Short selling data indicates a ratio of 29.297%.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: AASTOCKS News The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments