[ET Net News Agency, 16 August 2021] Credit Suisse lowered its target price for China
Resources Cement (01313) to HK$10.5 from HK$11.5 and maintained its "outperform" rating.
The research house said it revised down 21E-23E earnings forecasts by 5.4%/5.5%/4.0% to
HK$8.7/9.5/9.6 bn to incorporate higher coal price assumptions. (RC)