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Morgan Stanley: Upgraded Beijing Capital International Airport to "in line with the market" rating, target price raised to 2.9 Hong Kong dollars.
Morgan Stanley has released a research report stating that, considering adjustments in profit and the weighted average cost of capital, as well as fluctuations in the Hong Kong dollar to Renminbi exchange rates, the target price for beijing airport (00694) has been raised by 12% to HKD 2.9, with a rating of "in line with the market". The bank indicated that due to the commercial revenue of the airport in the third quarter falling short of expectations, earnings estimates for 2024 to 2026 have been reduced by 14%, 7%, and 6% respectively. The assumption for the weighted average cost of capital has been slightly adjusted from the previous 12.9% to 12.8%.
Living Stone : thank you
104437220 :
104799076 : JOHNNY
Leroy Collyear : How how does this benefit us common folk?
103964377 : Gold price
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