Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00669 TECHTRONIC IND
RTNominal down101.500 -2.600 (-2.498%)
Research Report

05/03/2021 09:48

{I-bank focus}Daiwa lifts Techtronic Ind (00669) to HK$150

[ET Net News Agency, 5 March 2021] Daiwa Research lifted its target price for
Techtronic Industries (TTI) (00669) to HK$150 from HK$110 and maintained its "buy" rating.
The research house said TTI's margins continued to expand and 2H 2020 earnings beat
Daiwa's estimate by 14%. Daiwa thus recommended that investors accumulate the stock upon
any macro-induced weakness. If anything, the 2020 results prove that management is capable
of exploiting a difficult business environment and could be a catalyst for accelerated
market share gains.
Daiwa raised its 2021-22 EPS forecasts by 13-14% to factor in stronger revenue growth
from accelerated market-share wins. (KL)

Back to Research Report

Remark: Real time quote last updated: 19/04/2024 16:43
  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.