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Major bank rating | Morgan Stanley: Raises GENSCRIPT BIO Target Price to HKD 21.9 and reaffirms "Shareholding" rating.
Morgan Stanley published a Research Report stating that looking ahead to 2025, the recovery trend of GENSCRIPT BIO is expected to continue, with a more optimistic operational outlook. The promotion of Global localization development strategy, an increase in CRO and CDMO orders, as well as positive progress in the Business of Baisjie are believed to pave the way for sustainable expansion in the future. The firm reaffirmed its "Shareholding" rating, with the Target Price raised from HKD 18.6 to HKD 21.9.
From the 2024 Earnings Reports, Kingsray (01548): Focused on core business strategy, a performance inflection point aids in value reassessment.
On the morning of March 12, Kingsray announced its annual performance for 2024.