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25503 JP-MRES@EC2506A (CALL)
RT Nominal up0.036 +0.001 (+2.857%)

28/10/2024 15:52

{I-bank focus}HSBC raises MMG (01208) to HKD2.8

[ET Net News Agency, 28 October 2024] HSBC Global Research raised the target price for
MMG (01208) to HKD2.8 from HKD2.6 and maintained the "hold" rating.
The research house said it has revised up earnings estimates by 22%/39%/30% in
2024e/25e/26e to reflect the smoother operations and lower costs. (rc)

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