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Citi: First initiate a 'buy' rating for SF Express, with a target price of HKD 16.
Citigroup released a research report stating that it has initiated coverage on S.F. Holding (09699) with a "buy" rating, indicating that the company has the ability to seize the opportunities in the on-demand retail market, including a wider customer base, new services, and synergies with S.F. Holding. The target price is HK$16. The report also states that benefiting from diversified consumer scenarios and product expansion, the bank expects the company's sales and profitability to improve in 2024-2026, with revenue growth of 21%, 21%, and 16% respectively for 2024-2026.
sf holding plans to publicly issue shares at the end of this month.
金吾财讯 | According to reports citing sources, mainland express giant s.f. holding plans to publicly issue shares as early as the end of the month, expecting to raise at least 1 billion US dollars (about 7.8 billion Hong Kong dollars).
Smart Delivery Locker Network Hive Box Files for Hong Kong IPO
s.f. holding (002352.SZ) has repurchased 0.32% of the shares, costing approximately 0.563 billion yuan.
s.f. holding (002352.SZ) announced that, as of August 31, 2024, the company has repurchased shares...
Here's What Analysts Are Forecasting For S.F. Holding Co., Ltd. (SZSE:002352) After Its Second-Quarter Results
SF Holding H1 Profit Up 15%; Shares Rise 6%
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