share_log

大行评级|里昂:首予万洲国际“跑赢大市”评级 目标价为6.45港元

Lyon first gives a "outperform" rating to WH Group and sets the target price to HKD6.45.

Gelonghui Finance ·  Aug 19 02:17

According to a research report published by Lyon, WH Group is the world's largest pork producer, but its profit has fluctuated and its gross margin is as low as 2% over the past decade. Although the group's packaged meat business faces fierce competition, large-scale reductions in production capacity and rising pork prices will increase its operating profit margin in the United States and Mexico from 2% in 2023 to 6% in 2026. With a dividend yield of 5% and the announced plan to list in the United States, the bank first awarded the group a "beat the market" rating with a target price of HKD 6.45.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment