[ET Net News Agency, 22 October 2021] Daiwa raised its target price for SITC (01308) to
HK$46.5 from HK$45 and maintained its "buy" rating.
The research house said it raises its 2022-23E EPS by 11-20% to factor in the
stronger-than-expected freight rates in 3Q21 and high freight rates sustaining over
2022-23E, despite its lower volume estimate for 2021. (RC)