Citi maintains a buy rating on Kingboard laminates, with a target price of HK$96
Businessinsider
1h ago
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Citi analysts maintained their buy rating on Kingboard Laminates Holdings on October 8th, setting a target price of HK$96. The stock closed at HK$50.15 yesterday. The market consensus was a strong buy, with an average target price of HK$70.53. The company's latest quarterly revenue as of June 30th was HK$14.9 billion, and net profit was HK$2.89 billion, showing a significant increase from last year's same period's revenue of HK$9.59 billion and net profit of HK$933.32 million.
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Citi analysts maintained their buy rating on Kingboard Laminates Holdings on October 8th, setting a target price of HK$96. The company's stock price closed at HK$50.15 yesterday.

Currently, the market's consensus expectation for Kingboard Laminates Holdings is a "strong buy," with an average target price of HKD 70.53.

According to the latest quarterly financial report as of June 30th, as indicated by Kingboard Laminates Holdings, the company's revenue for that quarter was HK$14.9 billion, with a net profit of HK$2.89 billion. In contrast, during the same period last year, the company's revenue was HK$9.59 billion, and the net profit was HK$933.32 million.

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