Bank of America Merrill Lynch lowered Vinda to neutral target price of 16.1 yuan

Merrill Lynch fell Vinda to neutral rating target price of 16.1 yuan a thousand thousand shares hot column capital flows on stock diagnosis the latest rating simulated trading client sina finance App: Live on-line blogger to tutor Sina Hong Kong APP: real time market exclusive reference stocks also worth the investment? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. Merrill Lynch report said down Vinda International (03331.HK) investment rating from "buy" from "neutral", because the company’s share price since March of this year was up 28%, 2017 reached 23 times earnings, roughly the same as in the past three years the average level. The bank refers to Vinda’s third quarter results are expected, but China’s regional sales growth is weaker than expected. The bank believes that Vinda’s current valuation reflects its solid growth prospects, but the recent slowdown in China’s business, which may limit the short-term upside of its stock space. Merrill Lynch said, raised on Vinda in 2016 to 2017 earnings per share of 14% and 4%, due to foreign exchange losses reflect the smaller than expected, and reduce the cost of the pulp. Target price increased by 15 yuan, up from $16.1 to $7%, which is quite forecast 2017 earnings ratio of 24 times. (both) to enter the Sina financial stocks] discussion相关的主题文章: