Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal up155.800 +1.300 (+0.841%)
Research Report

06/05/2021 14:37

{I-bank focus}CLSA lifts Techtronic Ind (00669) to HK$171

[ET Net News Agency, 6 May 2021] CLSA lifted its target price for Techtronic Industries
(TTI) (00669) to HK$171 from HK$151 and maintained its "buy" rating.
The research house said power tool peers' strong performance in 1Q 2021 implies TTI's
performance to be decent, with strong US home furnishing retail sales reflecting decent
DIY tool demand supported by new products, along with the future infrastructure uptrend to
boost professional tools sales.
Meanwhile, new products, a better mix, efficiency gains, and supply-chain management
will support TTI's margin and offset higher costs for raw materials and shipping, and
capacity expansion will drive long-term momentum, CLSA added. (KL)

Remark: Real time quote last updated: 22/10/2021 17:59
  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 2021 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.