Bank of America Securities: Reaffirms shenzhou international group holdings limited unsponsored adr "buy" rating with a target price of 85 Hong Kong dollars.
Bank of America Securities released a research report stating that recent channel checks on shenzhou international group holdings limited unsponsored adr (02313) and the OEM supply chain show a healthy trend for the second half of this year. Despite some uncertainties with Nike, it basically aligns with the order outlook for 2025, and industry consolidation continues. A target price of 85 Hong Kong dollars is given, along with a reaffirmed 'buy' rating for shenzhou international group holdings limited unsponsored adr. The bank expects the company's sales growth to reach the mid-teens percentage in 2024, with a sales increase of over 10% expected in the second half of the year.
Investors Are Lukewarm About Stocks. That Could Be a Good Sign.
Bank of America Options Spot-On: On December 3rd, 131.79K Contracts Were Traded, With 3.34 Million Open Interest
Fresh Closing Highs from S&P 500 and Nasdaq | Wall Street Today
Citigroup's Stock Beckons With Potential Trump Tariff Boost and Cheap Valuation: Analyst
Analyst Expectations For Bank of America's Future
