Latest Search
Quote
| Back Zoom + Zoom - | |
|
<Research>HSBC Research Trims Rev. Forecast for BOSIDENG on Warm Winter, Cuts TP to HKD5.7
Recommend 10 Positive 3 Negative 8 |
|
|
|
|
HSBC Global Research released a report predicting that the past warmer-than-expected winter will hinder BOSIDENG (03998.HK)'s growth relative to its own targets for FY26. In the broker's latest forecast, BOSIDENG's revenue will grow by 4% in FY26, down from the previous forecast of 10%. Its brand revenue growth is also likely to fall short of the previous forecast of 14%, reaching only 6% YoY. HSBC Global Research has kept a Buy rating on BOSIDENG but cut its target price from HKD6.1 to HKD5.7. AAStocks Financial News |
|
