No Data
No Data
Nomura Upgrades Zhuzhou CRRC Times Electric to Buy From Neutral, Adjusts Price Target to HK$38 From HK$30
Nomura Upgrades Zhuzhou CRRC Times Electric to Buy From Neutral, Adjusts Price Target to 56 Yuan From 49 Yuan
TIMES ELECTRIC (03898.HK) plans to hold a Board of Directors meeting on April 29 to approve the quarterly performance.
Gelonghui, March 31 | TIMES ELECTRIC (03898.HK) announced that the Board of Directors meeting will be held on Tuesday, April 29, 2025, to approve the release of the group's (including the company and its subsidiaries) unaudited performance for the three months ending March 31, 2025, and to address other matters (if any).
TIMES ELECTRIC: NOTIFICATION OF BOARD MEETING
Trending Industry Today: CHINA RAILWAY Leads Losses In High-Speed Rail Stocks
Nomura: Raises the Target Price of TIMES ELECTRIC (03898) to HKD 38 and upgrades the rating to "Buy".
The report indicates that the group's performance in the fourth quarter of 2024 is good, with revenue increasing by 17% year-on-year to 8.653 billion yuan, which is 4% lower than the consensus of the Institutions in the market, mainly benefiting from a 27% growth in the emerging equipment Business, but the Railroads Transportation Equipment Business performed modestly.