[ET Net News Agency, 17 June 2021] Daiwa raised its target price for Towngas China
(01083) to HK$6.55 from HK$5.5 and maintained its "buy" rating.
The research house said its 2021E EPS is 3.2% below consensus, likely as it has
incorporated the impact of the scrip dividend, despite it being more bullish on Shanghai
Gas' long-term profit growth and Liaoning gas sales. (RC)