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02319 MENGNIU DAIRY
RTNominal down16.490 -0.050 (-0.302%)
Research Report

19/12/2024 14:40

CCB raises Mengniu Dairy (02319) to HKD19.1

  [ET Net News Agency, 19 December 2024] CCB International raised the target price for Mengniu Dairy (02319) to HKD19.1 from HKD13.4 and upgraded the rating to "outperform" from "neutral".
  The research house said it expects Mengniu to benefit from modest improvement in liquid milk demand in China in 2025F, driven a recovery in consumption, a wider range of consumption scenarios and sales channels, and new product launches. (rc)

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