Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00390 CHINA RAILWAY
RTNominal down3.870 -0.030 (-0.769%)
Research Report

21/09/2020 17:31

{I-bank focus}Goldman raises China Railway (00390) to HK$5.4

[ET Net News Agency, 21 September 2020] Goldman Sachs raised its target price for China
Railway Group (CRG)(00390) to HK$5.4 from HK$5 and maintained its "buy" rating.
The research house said CRG fared the best by delivering double-digit revenue growth of
15% in 1H while other companies posted single-digit revenue.
In the analyst call, CRG commented that they are expanding the overseas business to
catch up with their E&C peers. In CRG's plan, the overseas business could contribute 20%
of total revenue and 10% of CRG's overall profit by the end of the 14th Five-Year-Plan
Period (i.e. 2025).
Post results, Goldman revised its 2020-22 EPS by -4%/-7%/-15%. (KL)

Remark: Real time quote last updated: 28/03/2024 18:00
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.