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RTNominal down147.000 -5.000 (-3.289%)
Research Report

01/06/2021 17:12

{I-bank focus}Daiwa raises Shenzhou Intl to HK$210

[ET Net News Agency, 1 June 2021] Daiwa raised its target price for Shenzhou
International Group (02313) to HK$210 from HK$200 and downgraded its rating to
"outperform" from "buy".
The research house said it cuts its 2021E earnings by 2% due to its more conservative
volume forecast in Vietnam, but lifts its 2022-23 earnings forecasts by 3-6% as the
capacity increases are merely pushed back while Shenzhou is likely to gain additional
market share. (RC)

Remark: Real time quote last updated: 30/11/2021 17:59
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