UBS: upgrades HKEX to 'neutral' with a target price of HK$346

Generated by AI AgentMarket Intel
Wednesday, Nov 13, 2024 1:40 am ET1min read
UBS--

UBS raised its EPS forecasts for HKEx (00388) by 1% in 2020, 3% in 2021 and 3% in 2022 to Rmb10.36, Rmb9.83 and Rmb10.12 respectively, and raised the target price to HK$346 from HK$344, with a "neutral" rating, considering recent market activities and its latest easing view, that Trump's return to the White House is likely to make the Fed's future easing path more moderate.

Global insights driving the market strategies of tomorrow.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet