HSBC Global Research raised the target price for Fuyao Glass (03606) to HKD50.6 from HKD46.1 and maintained the "buy" rating.
The research house said it raises earnings estimates by 2% in 2024, 2% in 2025, and 5% in 2026, mainly on higher revenue estimates driven by continuous order wins and a better GPM outlook on enhanced US factory efficiency.
【你點睇】政府宣布垃圾徵費暫緩,未來將繼續推廣回收及減廢,你認為幾時先係垃圾徵費嘅時機?► 立即投票