DJ Hangzhou Robam Appliances Set for Fast Profit Growth -- Market Talk
0627 GMT - Hangzhou Robam Appliances' profit growth could accelerate through 2021, thanks to improved cost control and stronger growth in embedded products, Jefferies says. The U.S. bank raises its net profit forecasts for the Chinese manufacturer of home appliances by 6% for 2020 and by 9% for 2021. It maintains a buy call and CNY45.00 target price on shares, which jumped by the 10% trading cap to CNY36.86 in Shenzhen after the company's 3Q profit beat. (martin.mou@wsj.com)
(END) Dow Jones Newswires
October 29, 2020 02:27 ET (06:27 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
DJ杭州罗巴姆电器将迎来快速利润增长--市场对话
0627GMT-杰富瑞表示,由于成本控制的改善和嵌入式产品的更强劲增长,杭州罗巴姆电器的利润增长可能会加速到2021年。这家美国银行将这家中国家电制造商2020年的净利润预期上调了6%,将2021年的净利润预期上调了9%。该公司维持买入看涨期权和人民币45.00元的股票目标价,在该公司第三季度利润节节攀升后,深圳股市上涨了10%的交易上限,至人民币36.86元。(martin.mou@wsj.com)
(完)道琼斯通讯社
2020年10月29日东部时间02:27(格林威治时间06:27)
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